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The KPMG report calls on the investor and green finance communities to double down on their climate investments in Africa. (Image source: Adobe Stock)

KPMG, an organisation of independent professional services firms providing audit, tax and advisory services, has highlighted the significant investment opportunity in renewable energy boasted by Africa in a new report titled ‘Climate Investing in Africa’

According to Gbadegesin, voluntary carbon markets are certainly posed for potentially significant growth. (Image source: Adobe Stock)

Tariye Gbadegesin, co-chair of the Voluntary Carbon Markets Integrity Initiative (VCMI), explains why Africa could play an integral role in future voluntary carbon markets, positioning it as a key region in the fight against climate change 

Africa has witnessed progress in expanding electricity access but a substantial portion of the rural population still lacks reliable access. (Image source: Synergy Consulting)

According to Synergy Consulting, Africa's uneven progress in energy access calls for stronger action

Once completed, the solar facility will displace over 224,000 tonnes of carbon emissions every year. (Image source: Masdar)

At the UN Climate Change Conference 2023 (COP28) in Dubai, the Abu Dhabi Future Energy Company PJSC (Masdar) signed a concession agreement with Angola’s Ministry of Energy and Water for a major solar PV project in the country

Scatec will be the EPC provider and provide operations & maintenance as well as asset management services for the project. (Image source: Scatec)

Scatec ASA, a renewable energy solutions provider, has been awarded preferred bidder status for a batter energy storage project in South Africa

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