AfDB Says More Gas Investment Needed To Accelerate Africa’s Renewable Energy

The use of natural gas in Africa’s energy mix to provide electricity for the 600 million people who do not currently have access to, he said, picked his interest.African nations can use their natural gas resources for domestic needs as well as to supply the European Union with energy, which is in short supply as a result of the effects of the Russia-Ukraine war, which started in Q1 of 2002.

In order to support industrialisation, the white paper asserts that Africa must take advantage of its natural gas reserves, which it has in abundance.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AfDB invests $20m in Africa’s renewable energyThe Board of Directors of the African Development Bank Group today approved an equity investment of $20m in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400m into renewable energy and resource-efficiency assets across sub-Saharan Africa over a 10-year period.
Source: MobilePunch - 🏆 8. / 63 Read more »

'FLNG’s $1.8m Facility Unlocks New Era Of Gas Industry’Moreover, as Europe seeks alternative gas suppliers as the bloc diversifies energy supplies away from Russia over the war in Ukraine, Nigeria – with its vast
Source: LeadershipNGA - 🏆 4. / 77 Read more »