What it is
The International Energy Agency's dedicated analysis of energy supply, demand, and investment across the African continent. It covers the unique challenges and massive opportunities of energy transition in Africa, where 600 million people still lack electricity access while the continent holds 60% of the world's best solar resources.
Why we picked this
Most energy transition analysis focuses on the US, EU, and China. Africa is the most underreported and potentially most transformative story in the global energy transition. This report provides the data and analysis needed to understand why Africa's energy future matters for global climate outcomes.
Key takeaways
- Africa contains 60% of the world's best solar resources but currently generates less than 1% of global solar electricity, representing enormous untapped potential.
- Universal electricity access for Africa requires approximately $25 billion per year in investment, a fraction of global energy investment flows.
- The continent's young, growing population means energy demand will increase significantly regardless: the question is whether it will be met by fossil fuels or renewables.