Infrastructure investment firm Harith General Partners, and power company Anergi Group, are backing a new $300 million (~N$4.8 billion) fund that has been established to help accelerate the adoption of renewable energy in Africa. This, Fin24 reports, as the International Energy Agency’s latest Africa Energy Outlook report, shows that 600 million people in Africa, or 43% of the population, do not have electricity access, 590 million of whom are in sub-Saharan Africa. To plug this gap about $25 billion needs to be invested in modern and affordable production each year until 2030.
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