African Energy Report

Africa’s energy sector is emerging blinking into the light after a tumultuous three years in which the impact of a global pandemic and an energy security crisis sparked by Russia’s invasion of Ukraine hit the incomes of the poorest people, sent energy costs spiralling upwards and staunched investment flows. The good news is that a continent blessed with copious renewable energy resources – especially solar power – should be well placed to benefit from the global build-up of a new wave of investment in clean energy technology. Africa’s huge energy resources mean the continent is well placed to capitalise on gathering momentum behind clean energy technologies, if investment can be mobilised.