Home to 39% of global renewable energy potential, Africa’s green energy sector offers lucrative opportunities for foreign companies and developers looking to diversify their portfolios, in line with COP28 commitments. For the Middle East, the African continent offers Gulf countries the ability to establish themselves as renewable energy market leaders, while exercising technical expertise and generating returns on investment.
Africa is only beginning to understand the full potential of its renewable energy resources. The African Development Bank estimates the continent’s solar capacity potential to be as high as 10 TW,…