Energy Magazine August 2018 | Page 44

ENERGY 4.0
44 and modern energy for all , clearly seeking such .
Certain countries have and are seeing significant clean energy investments , including recently South Africa , Kenya and Morocco with some inspiring projects – there are others , and it is becoming impossible to keep track of them all . Virtually all of these are driven by policy , some by design world leading , and are important steps for broader Africa which builds confidence in the investment community , provides experience with in-country delivery and operations , and begins to satisfy the risk appetite of broader investors , lowering the cost of and attracting finance .
This will also begin to decouple investments from multi and unilateral aid , which has been a significant contributor to energy related investments throughout Africa . Overcoming investment hurdles is a recurring theme , and several clean energy investment facilities are targeting aspects of this – with that announced by the European Investment Bank and the African Trade Insurance for sub-Saharan Africa in March 2018 an example .
AUGUST 2018