
Africa Expands Renewable Energy Capacity Amid Global Surge
Africa’s renewable energy capacity grew by 6.7% in 2024, led by Egypt, Ethiopia and South Africa, as global renewable expansion hit a record 585 GW, driven by solar and wind power.
Read the latest Archives of oil, gas and energy news.
Africa’s renewable energy capacity grew by 6.7% in 2024, led by Egypt, Ethiopia and South Africa, as global renewable expansion hit a record 585 GW, driven by solar and wind power.
The masterplan seeks to promote investment across the renewable energy value chain in South Africa.
Ghana will launch the Renewable Energy Investment Fund to accelerate its transition to renewable energy, aiming for 10% renewable energy in its energy mix by 2030.
In an interview with ECP, EU Ambassador to the Republic of Congo Anne Marchal explored the EU’s role in advancing key initiatives such as the Energy Friendship Loop and Oyo Renewable Energy Center.
Ethiopia’s renewable energy generation is strengthened by the 6,450 MW Grand Ethiopian Renaissance Dam, the country and Africa’s largest hydropower project.
The investment is part of a broader €150 million commitment to support sustainable development in the ECOWAS region.
Congo’s immense renewable energy potential, combined with an uptick in investment, has seen the continent drive electrification and socioeconomic development.
The grant is part of a €6 million investment for implementing a regional energy program in Central Africa.
The launch of the Circular Economy Powered Renewable Energy Center offers a major opportunity for investors in Africa’s renewable energy and waste sectors, with the upcoming Invest in African Energy 2025 Forum set to highlight these growth prospects.
A strong pipeline of renewable projects and key government tenders is positioning Tunisia to harness its full energy potential.