Realizing Africa’s Clean Energy Potential
The pieces of the puzzle seem to fit together perfectly: 1) tap Africa’s potential for solar, wind, and geothermal energy 2) build out electricity grids to distribute it 3) meet the continent’s fast-growing demand for affordable and sustainable power 4) emit little to no additional carbon in the process. Several countries, including Cameroon, Gabon, Kenya, Morocco and Namibia, are getting there with a range of clean-energy initiatives. Closing the gap requires a combination of clear policies, foreign investment and international support. Leila Benali, Minister of Energy Transition and Sustainable Development, Kingdom of Morocco, Otmane Benamar, Chief Technology Officer, Gas Power Europe, Middle East & Africa, part of GE Vernova, Caroline Eboumbou, Chief Executive Officer, All On, and Martin Ewald, Managing Director and Lead Portfolio Manager, Impact Investments, Allianz Global Investors discuss with Bloomberg's Antony Sguazzin.
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