The energy sector sits at the heart of Africa’s decarbonization challenge and opportunity. Africa receives just 2% of global renewable energy investment despite having some of the world’s best solar, wind, and hydropower resources. The African Union has set an ambitious target of 300 gigawatts of renewable capacity by 2030 — but current deployment rates need to be accelerated to achieve the set targets.
We work to close this gap by:
- Supporting the development and scale-up of decentralized renewable energy solutions — solar home systems, mini-grids, and clean cooking technologies — that bring affordable, clean power to the households, communities and businesses that need it most, including those in displacement and humanitarian settings.
- Deploying blended finance to de-risk investments and leveraging innovative financial instruments, to mobilize private capital necessary to bridge the funding gap and accelerate universal access to clean, affordable energy.
- Promoting inclusive energy access— ensuring that women, youth, rural communities, and displaced populations are not left behind in the clean energy transition.
- Promoting circular economy within the renewable energy sector though sustainable recovery of critical minerals and repurposing of end-of-life components
- Advocating for policy and regulatory environments that attract private investment into renewable energy sector and remove the barriers that have historically kept Africa underserved by global capital markets.
- Facilitating knowledge exchange between governments, utilities, developers, and communities on proven energy transition models, innovative financing structures, and technology deployment strategies.
Achieving universal clean energy access in Sub-Saharan Africa is not just an environmental imperative. It is the foundation on the development of every other economic sector,