China invested $13bn in sub-Saharan Africa’s power sector since 2010
Thursday, 07 July 2016 12:01
From 2010 to 2015, Chinese companies have invested $13 billion in the sub-Saharan African power industry. This was revealed in a study carried out by the International Energy Agency (IEA). This sum mostly came as public loans.
Chinese energy developers won contracts to develop close to 30% of electric capacities in the region, representing 17 GW for more than 200 projects which are planned to be completed by 2017. This capacity corresponds to about 10% of the capacity installed in sub-Saharan Africa.
56% of these installations come from renewable sources, with hydropower representing 49% of the overall capacity.
Once these projects are implemented, around 120 million people will have access to energy.
Gwladys Johnson
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