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Africa50 Pledges $100 Million to Boost Renewable Energy in Africa Through IRENA Initiative
“For the first time in a decade, the number of people without access to electricity in Sub-Saharan Africa has risen sharply,” said Francesco La Camera, Director-General of IRENA.
Launched in 2021 with support from the United Arab Emirates, the ETAF platform aims to accelerate renewable energy projects that contribute to developing countries’ Nationally Determined Contributions (NDCs) under the Paris Agreement.
Africa50’s commitment brings the total number of ETAF partners to 14, with combined pledges reaching $4.15 billion.
“Africa must prioritize both emissions reduction and economic growth,” said Alain Ebobissé, CEO of Africa50.
The ETAF platform benefits from a diverse group of partners alongside Africa50.
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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
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