Doubling energy investment in Africa requires urgent action to bring down financing costs and boost access to capital

Swift action to improve access to capital and ease financing costs is essential to unlock a wave of clean energy spending in Africa, according to a new report from the International Energy Agency (IEA) and the African Development Bank Group (AfDB). The report was launched today at a special event at the Africa Climate Summit in Nairobi with IEA Executive Director Fatih Birol and AfDB President Akinwumi Adesina.