The EU invests €545 million in the energy transition in nine African countries.
The European Union has announced an investment package worth €545 million (approx. $638 million) aimed at accelerating the development of renewable energy and improving electricity access in selected regions of Africa.
Green transition for a continent without electricity
Despite enormous renewable energy potential, nearly 600 million people in Africa still lack access to electricity. The new EU initiative aims to change this by supporting projects in electrification, grid modernization, and infrastructure development across nine countries: Cameroon, Central African Republic, Republic of Congo, Ivory Coast, Ghana, Lesotho, Madagascar, Mozambique, and Somalia.
According to the European Commission, the program could create up to 38 million new green jobs by 2030.
Ivory Coast is the largest beneficiary
The largest portion of funds—€359.4 million—will go to Ivory Coast to build a high-voltage grid to strengthen regional energy distribution.
The remaining funds will be allocated as follows:
- Cameroon – €59.1 million for rural electrification
- Somalia – €45.5 million to increase access to affordable renewable energy
- Madagascar – €33.2 million for the development of mini-grids
- Lesotho – €25.9 million for wind and hydropower projects
- Mozambique – €13 million to accelerate the low-carbon transition and mobilize private investment
- Republic of Congo – €3.5 million for solar, wind, and hydropower development
- Ghana – €2 million for land preparation for a large-scale solar farm and regional energy trading
Africa at the center of the global energy transition
EU officials note that the support will not only improve access to clean energy but also enhance the resilience of African economies and help accelerate decarbonization. Investments in renewables are also expected to attract private capital and initiate additional infrastructure projects.
Through this initiative, the EU strengthens its role as a strategic partner in Africa’s green transition and demonstrates that tackling the energy and climate crises requires global solidarity.