African Financing of Energy
National governments and African development institutions are major actors in the funding of African energy, playing a vital and leading role in the continent’s ambitions of achieving SDG7 by 2030.
Leveraging Private Sector Investment
Europe is playing an increasingly prominent role in leveraging and facilitating private sector finance for purposes that will help Africa to achieve SDG7.
Non-European Financial Flows
The global sources of financing for African energy projects have changed markedly in the last couple of decades, reflecting the emergence of new actors beyond the traditional OECD players. This trend has clearly diversified the sources of funding, equipment and know-how coming into Africa.
Global Financing of Africa’s Energy Sector
African governments and development institutions across the continent have borne the primary responsibility and initiative for achieving the SDG7 targets by 2030, with EU Institutions and Member States playing a central role in the international community’s efforts to support these efforts.