Conclusions

Key Findings

Progress has been made in delivering sustainable energy and increasing access in Africa during the past decade, but it is imperative that the pace of investment, project implementation and stakeholder engagement is further accelerated, if the goals of SDG7 are to be achieved by 2030.

Financing Needs to Meet SDG7 by 2030

Africa and Europe agree that huge resources need to be mobilised to make the United Nations’ Sustainable Development Goal 7 target a reality. The funding gap to achieve SDG7 in Africa poses a daunting challenge, but it is a challenge that can be met.

Measuring Progress Towards SDG7 in Africa

Substantial amounts have been invested in the African energy sector in the pursuit of achieving SDG7 by 2030; in 2019 alone this figure reached EUR 19.9 billion. However, this falls significantly below the estimated financing needs of the continent.