Africa

Africa – which will be home to one-fifth of the world’s population by 2030 – is set to play an increasingly important role in the global energy ecosystem. Across the region, demand for energy is growing, but modern energy use per capita remains among the lowest in the world, despite ample energy resources across the continent. Africa accounts for just 6% of global energy use and less than 3% of global energy-related carbon dioxide (CO2) emissions.

Boosting access to secure and sustainable energy in Africa remains essential. More than 600 million people on the continent currently live without access to electricity – and nearly 1 billion do not have access to clean cooking supplies.

Supporting these ambitions will require a step-change in financing, including from the international community and the private sector. To achieve Africa’s development goals, as well as energy access and climate objectives, energy spending on the continent needs to more than double by 2030, with more than two-thirds going to clean energy.