Perenco Oil & Gas Gabon (POGG) has opened the Batanga Liquefied Petroleum Gas (LPG) plant in Gabon, as part of a US$50mn investment
Energy
Africa’s significant untapped green investment opportunities
![The KPMG report calls on the investor and green finance communities to double down on their climate investments in Africa. (Image source: Adobe Stock) Green climate finance.](/images/AdobeStock_520836472-Africa-green-finance.jpg#joomlaImage://local-images/AdobeStock_520836472-Africa-green-finance.jpg?width=750&height=400)
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’
Africa’s potential as a leading supplier of high-quality carbon credits
![According to Gbadegesin, voluntary carbon markets are certainly posed for potentially significant growth. (Image source: Adobe Stock)](/images/AdobeStock_617302999-voluntary-carbon-credits-Africa.jpg#joomlaImage://local-images/AdobeStock_617302999-voluntary-carbon-credits-Africa.jpg?width=750&height=400)
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
Bridging the gap: achieving equitable energy access across Africa
![Africa has witnessed progress in expanding electricity access but a substantial portion of the rural population still lacks reliable access. (Image source: Synergy Consulting)](/images/Synergy-Consulting-Africa-energy-access.jpg#joomlaImage://local-images/Synergy-Consulting-Africa-energy-access.jpg?width=750&height=400)
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
Major solar development announced at COP28
![Once completed, the solar facility will displace over 224,000 tonnes of carbon emissions every year. (Image source: Masdar)](/images/COP28-Masdar-Angola-150MW-solar-project.jpg#joomlaImage://local-images/COP28-Masdar-Angola-150MW-solar-project.jpg?width=750&height=400)
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