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Blue economy in Africa: The AfDB explores the continent's offshore renewable energy potential

01/12/2021
Categories: Economy/Forex

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The African Development Bank (AfDB) announces a series of webinars to explore Africa's offshore renewable energy potential. In collaboration with the Sustainable Energy Fund for Africa, the Pan-African bank held the first webinar on the potential of the blue economy.

The African Development Bank's African Natural Resources Center and the Sustainable Energy Fund for Africa have hosted the first in a series of webinars on Africa's blue economy potential. Indeed, a study has been conducted on the potential of offshore renewable energy in Africa commissioned by the African Natural Resources Center as part of a series aimed at informing policymaking, planning and investment in strategies. blue economy in Africa. The results were presented by Linus Hammar of Octopus Ink Research & Analysis, Sweden. According to Leontine Kanziemo, Natural Resources Management Advisor at the African Natural Resources Centre, “offshore renewables can significantly support the expansion of renewable energy capacity, for coastal and island countries, while helping to reduce costs. energy associated with the importation of fossil fuels".

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