The war against Putin and climate change(4): Innovating solar investments across Africa
22 Aug 2022

What does Africa’s energy sector have to do with the war against Putin and climate change? Admittedly, in a global context, Africa’s consumption of oil is modest. But nevertheless, Africa imports of petroleum products equals the size of all Russia’s export; 2 million barrels per day. And more importantly: More than 70 per cent of Africa’s fast-growing consumption of electricity is fuelled by fossil energy. Africa’s population is set to double by 2050, and its energy use will at least quadruple. It is not only Europe and the US that needs a Green Deal, but Africa is also in dire need of one. If not, the continent risk to become tomorrow’s “climate bomb.”

 

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