The funding will support the deployment of green energy systems, thereby reducing the reliance on fossil fuels while improving climate support and resilience.
Additionally, Germany and Kenya will expand cooperation regarding the research and development of energy projects, capacity building and job creation through investments in training programs and exchange opportunities. Such joint initiatives aim to create a competitive domestic market in Kenya, advancing innovation and socioeconomic growth.
The development comes at a time when Kenya is seeking to maximize the use of its vast renewable energy resources including solar, wind and geothermal to drive energy access and economic growth, and falls in line with national objectives of increasing the share of renewables in the energy mix.
“I am very impressed that Kenya wants to achieve its goal of going from 90% to 100% renewable electricity production by 2030 even faster,” the German chancellor said.