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Clean energy investment target in Africa needs to double to US$25 billion per year by 2030

 

Clean energy investment across Africa has to double the current US$90 billion target by 2030 and reach nearly US$25 billion per year, according to a report by the International Energy Agency (IEA) and the African Development Bank Group (AfDB).


The increased investment would be needed for the continent to achieve its energy development and climate goals, with two-thirds of spending towards clean energy.


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