June 12

Africa to Get Only 2% of $2 Trillion Global Clean Energy Investment in 2024- Report

By Aghogho Udi

Africa will receive only 2% of the $2 trillion global clean energy investment in 2024 according to a new report by the International Energy Association (IEA).

In 2024, clean energy investment worldwide is expected to reach $2 trillion with Africa receiving just around $40 billion. Energy investments in the continent are expected to reach $110 billion with about $70 billion going into fossil fuels.

Photo courtesy of andreas160578.

Source: Nairametrics (link opens in a new window)

Energy, Investing
energy access, renewable energy