Boosting Africa’s energy transition – initiatives, funding and investment
By Kieran Whyte and Angela Simpson, Partners, Johannesburg; Lamyaa Gadelhak, Partner, Helmy, Hamza & Partners, Baker McKenzie Cairo; Adnan Doha, Partner, Baker McKenzie Dubai; and Matthew Martin, Foreign Legal Specialist, Baker McKenzie North America.
Forty-three per cent of Africa's population does not have access to electricity, mostly in sub-Saharan Africa, according to a recent report by the International Energy Agency. Increasing access to a clean, decarbonized, decentralised energy supply is therefore critical for the continent. The growing focus on energy transition can benefit Africa in numerous ways, including that the continent is already in the process of harnessing its vast supply of renewable energy to generate power, and is also gearing up to increase trade in its large ...