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IRENA-AfDB report

Central River Division

IRENA-AfDB report Energy Transition Central to Africa’s Economic Future 

Report suggests need for comprehensive policy framework towards an African Green Deal to overcome structural dependencies, raise GDP by 6.4% and create 26 million jobs by 2050.

IRENA-AfDB report
Abu Dhabi, United Arab Emirates, 14 January 2022 – An integrated policy framework built around the energy transition could bring a wave of new sustainable energy investment to Africa, growing the region’s economy by 6.4 per cent by 2050, results of an analysis published today by the International Renewable Energy Agency (IRENA) in collaboration with the African Development Bank (AfDB) revealed. 

The report, ‘Renewable Energy Market Analysis: Africa and its Regions,’ shows that Africa is prospering significantly from development enabled by renewables, while greatly improving energy access and offering profound welfare and environmental benefits to people across the continent. 
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