AEEP Energy Talks Spotlight: Leveraging Private Sector Investment to Speed Up Renewable Energy Deployment in Africa
Harnessing the rich renewable energy sources available in Africa is pivotal for ensuring a structural shift towards resilient and sustainable low-carbon economies. Africa’s transition to green growth is underway. Nevertheless, Africa still has vast untapped, solar, wind, hydropower, geothermal and biomass potential.
Unlocking Africa’s energy potential requires a range of inputs. Most importantly, immense mobilisation of international and domestic capital. Therefore, European and African private capital must be engaged. Investments must focus on generation, transmission and distribution capacity in order to reach an optimal use of the available abundant resources.
This AEEP Energy Talks Spotlight summarises the expert discussion held on 30 June 2021 and highlights key lessons for increasing private sector engagement. Representatives from policy, industry and finance explored how the private sector can be increasingly engaged, and partner with the public sector to , implement clean, affordable energy solutions across Africa.