China to Benefit from Africa’s Renewable Energy Investments

One must recognize that China has seen a larger expansion in the magnitude of renewable energy generation capacity in the last couple of years. It is a remarkable achievement and is something that Africa can learn from. AfDB has been investing over the past years in renewable energy with more than 86% of its total investments in power generation going to renewable energy projects. The self-described pan-African bank seeks, among other things, to provide electricity access to 250 million Africa by 2030 through its desert-to-power electrification flagship program in the Sahel region. As AfDB sees it, such regional projects lay the ground for an African integrated system of “robust infrastructure” that would allow sharing of green energy for affordable and accessible electricity and low-carbon solutions.

An integrated African energy system sounds ideal to solve the continent’s energy crisis and lack of access to electricity in some parts. However political instability and lack of local and foreign capital in the African energy sector are expected to burden the continent’s progress towards a green future or the net-zero goal set for 2050.

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