The government is committed to supporting renewable energy in Africa and our support is increasing.
At the UK-Africa Investment Summit in January, a renewable energy package worth over £100 million was announced. This includes funding for off-grid solar projects to reach the rural poor in Africa, providing technical assistance to improve African countries’ renewable energy policies, and investing in clean energy research and innovation such as the Faraday Battery Challenge and the Ayrton Fund. The UK’s offer to support renewable energy across Africa also includes sharing our expertise in low carbon sectors and green finance.
In addition, the UK’s Development Finance Institution, CDC, as well as the UK funded Private Infrastructure Development Group (PIDG) are investing in renewable energy across Africa.