Scaling up Africa's Renewable Power

RES4Africa Foundation and Enel Foundation’s joint 3rd Flagship Publication “Scaling up Africa’s renewable power” is dedicated to de-risking renewable energy investments in Africa, at it is launched during a virtual event which sees the participation of key European and African institutions, as well as RE industry champions to shed light on the importance of effective de-risking initiatives to unlock Africa’s renewable energy potential and call for a new impetus on possible solutions to crowd-in renewable energy investments at scale. Africa would benefit immensely from the transformative power of universal electrification. By extension, the expansion of its electricity systems would in turn play a fundamental role in helping the continent achieve its wider socio-economic goals. However, providing reliable, affordable and sustainable electricity to some 600 million Africans who still lack access to it, while coping with the growing needs of the continent, will require a drastic change in the current strategies and policies. New solutions must be explored to satisfy Africa’s rising power demand and build the infrastructure needed for its economic rise and modernization.

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