Africa needs annual investment of $40bn on energy for electricity – AfDB | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

The African Development Bank (AfDB) says Africa needs an annual investment of 32 to 40 billion dollars along the energy value chain to achieve universal access for electricity by 2030. The AfDB’s African Economic Outlook 2022 unveiled at the Bank’s Annual Meetings on Thursday in Accra, Ghana, said the findings were done under the Bank’s […]

The African Development Bank says Africa needs an annual investment of 32 to 40 billion dollars along the energy value chain to achieve universal access for electricity by 2030. The AfDB’s African Economic Outlook 2022 unveiled at the Bank’s Annual Meetings on Thursday in Accra, Ghana, said the findings were done under the Bank’s…

The AfDB’s African Economic Outlook 2022 unveiled at the Bank’s Annual Meetings on Thursday in Accra, Ghana, said the findings were done under the Bank’s New Deal on Energy for Africa. The outlook said about 15.5 billion dollars, which represented 26 per cent of the total climate finance inflows to Africa were channelled to the energy sector between 2019 and 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The same amount the U.S just wasted in Ukraine

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa needs annual investment of $40 billion on energy for electricity – AfDBThe AfDB’s African Economic Outlook 2022 unveiled at the Bank’s Annual Meetings on Thursday in Accra, Ghana, said the findings... This would have been a better replacement for PO
Source: PremiumTimesng - 🏆 3. / 78 Read more »