Europe strongly advancing renewable energies in Africa

On 4 March 2017 the Commissioner for International Cooperation and Development, Neven Mimica, announced the preparation of 19 new renewable energy projects, with a total potential investment of €4.8 billion. This was done during the second Board of Directors meeting of the Africa Renewable Energy Initiative. These sustainable energy projects have an indicative EU contribution of €300 million, which is expected to leverage total investments amounting to €4.8 billion, adding 1.8 Gigawatts of new renewable energy generation in Africa. The European Union is a key counterpart for Africa on sustainable energy cooperation.

• Primary Source

ESO: Background information: African Peace Facility http://www.europeansources.info/record/african-peace-facility/

ESO: Background information: Implementing Agenda 2030: Fresh impetus for reforming the UN Development System http://www.europeansources.info/record/implementing-agenda-2030-fresh-impetus-for-reforming-the-un-development-system/

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