Investment Forums in Central Africa

Central Africa depends overwhelmingly on fossil fuels, along with large hydropower dams, for its economic development. Yet energy access remains a significant challenge, with nearly 125 million people lacking electricity access and 112 million without clean cooking solutions.

Small hydropower, bioenergy, wind and solar could support substantial economic growth across Central Africa. Regional targets call for investments worth USD 122 billion to add 8 500 megawatts (MW) and extend electricity access to another 63 million inhabitants by 2030, and another USD 54 billion to reach 23 000 MW by 2040.

The Central Africa Investment Forum aims to scale up renewable energy investments in the region, support project development and implementation, and contribute to the creation of policy and regulatory frameworks conducive to renewable energy investments.

The regional forum is part of IRENA’s contribution to the Climate Investment Platform (CIP), which aims to advance sustainable energy projects to investment maturity and facilitate their access to finance.

Key forum activities include matchmaking between projects, project developers, and potential financiers and investors. Renewable energy projects, along with renewable-based electricity grid and energy efficiency projects, may be considered for support.

Submit a Request to obtain support for project development and/or access to finance for a renewable energy project in Central Africa.