Africa is undergoing a sustained period of economic growth and transformation. Its population is growing rapidly, and its economies are developing and diversifying.
In order to be sustained, this growth will need to be fuelled by a massive investment in energy.
As this report from the International Renewable Energy Agency (IRENA) contends, Africa could use renewable energy resources to fuel future growth. This would be economically competitive with other solutions, would unlock economies of scale, and would offer substantial benefits in terms of equitable development, local value creation, energy security, and environmental sustainability.
Such an unprecedented transformation will not happen by itself. It needs a concerted effort by policy makers, in order to develop enabling frameworks to spur investment and facilitate market development through sound policies and regional cooperation.
Africa’s Renewable Future showcases examples where this effort is already happening and can be replicated – as well as how IRENA is uniquely positioned to contribute to that work.
Also available in French.