China has a unique opportunity to drive forward an energy revolution in Africa but must first reverse nearly two decades of neglect of green power investments on the continent, research from Boston University shows.
Although Africa’s green energy potential is one of the highest in the world, Chinese lending and investment have so far provided relatively little support for the continent’s energy transition, according to a report from Boston University’s Global Development Policy Center and the African Economic Research Consortium.
Chinese development finance institutions have been focused on investing in the extraction and export of commodities to China and in electrification projects.
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