Eskom Calls for Unified African Framework to Drive Green Energy Investment

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Rivoningo Mnisi, Executive Director of Eskom’s Renewables Division, said Africa needs a unified regulatory framework to reassure investors wary of the continent’s high risk profile. She called for shared policies and standards on regulation, incentives, and grid connections to speed up the rollout of solar, wind, and hybrid projects.

Africa’s green energy transition faces persistent funding challenges. The International Energy Agency (IEA) estimates the continent must mobilize around $22 billion annually to connect all households to the grid by 2030, as nearly 600 million people still lack access to electricity. Another $4 billion per year is needed to expand access to clean cooking solutions.

Source: Wikipedia