World Economic Forum Regional Action Group for Africa Financing the Future of Energy
Summary
The report identifies the transition of Africa's power sector toward a net-zero grid as being driven by decarbonization, decentralization, and digitalization, and calls for international coalitions to help the region leapfrog existing infrastructure.
Key insights
- The transition of Africa's power sector from fossil fuel-driven generation to a renewable-strong energy mix is driven by three factors: decarbonization (shifting to renewables), decentralization (moving away from centrally managed systems), and digitalization (using digital technology).
- To enable African countries to leapfrog existing technologies and infrastructure, there is a need for coordinated investments and new coalitions involving NGOs, the World Economic Forum, and developed nations.
Cite the original document
- APA
- World Economic Forum (2021). World Economic Forum Regional Action Group for Africa Financing the Future of Energy. https://www.weforum.org/publications/world-economic-forum-regional-action-group-for-africa-financing-the-future-of-energy/
- Chicago
- World Economic Forum. World Economic Forum Regional Action Group for Africa Financing the Future of Energy. 2021. https://www.weforum.org/publications/world-economic-forum-regional-action-group-for-africa-financing-the-future-of-energy/.
- Wikipedia
- {{cite report |author=World Economic Forum |title=World Economic Forum Regional Action Group for Africa Financing the Future of Energy |date=23 September 2021 |url=https://www.weforum.org/publications/world-economic-forum-regional-action-group-for-africa-financing-the-future-of-energy/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2021world, author = {{World Economic Forum}}, title = {{World Economic Forum Regional Action Group for Africa Financing the Future of Energy}}, institution = {World Economic Forum}, year = {2021}, month = sep, url = {https://www.weforum.org/publications/world-economic-forum-regional-action-group-for-africa-financing-the-future-of-energy/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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