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Renewable energies: here are the African countries that invest the most

29/11/2023
Source : ORISHAS FINANCE
Categories: Sectors Companies

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Morocco, South Africa, and Egypt are the African countries that have invested more in renewable energy in recent years.

L'Afrique du Sud occupe le premier rang pour avoir drainé sur la période de 2010-2021 23 billion dollars. For its part, Egypt is in second position in Africa with investments of 9.36 billion dollars over the period 2010-2021. In wind power, Morocco is also the second country on the continent in terms of installed capacity, accounting for 22% of total installed capacity, followed by Egypt, which accounts for 21%. In solar energy, the three countries represented 65% of all installed solar capacity in Africa in 2021. Within 4 years, renewable energies will become the main source of electricity production in Morocco.

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