UK OFFERS £100 MILLION TO RENEWABLE ENERGY PROJECTS IN AFRICA
The UK government has announced that an additional £100 million has been made available to fund up to 40 new renewable energy projects in Africa over the next five years.
The funds will go towards the Renewable Energy Performance Platform (REPP), which was set up in 2015 with the goal to ‘catalyse the growth’ of the renewables sector across sub-Saharan Africa.
REPP currently supports 18 renewable energy projects, including solar, wind, biomass, hydro and geothermal, in countries such as Tanzania, Burundi, Nigeria and Kenya.
“This £100 million will help communities harness the power of their natural resources to provide hundreds of thousands of people with electricity for the first time,” said Energy and Clean Growth Minister Claire Perry.
“Building these clean, reliable sources of energy will also create thousands of quality jobs in these growing green economies,” she added.
The new tranche of funding is part of the UK’s wider commitment to invest £5.8 billion in international climate finance by the year 2020.