Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

COP27 : 12 Southern African countries to present an US$18 bln energy transition plan

Tuesday, 08 November 2022 14:02
COP27 : 12 Southern African countries to present an US$18 bln energy transition plan

(Ecofin Agency) - The proposal provides for the construction of 8.4 gigawatts of renewable energy sources in twelve countries in the sub-region.

Tanzanian President Samia Suluhu Hassan will present an US$18 billion energy transition proposal in 12 southern African countries at the 27th United Nations Climate Conference (COP27), Bloomberg reported Monday, Nov. 7, citing Tanzanian Energy Minister January Makamba.

According to Bloomberg, “under the proposal, a bloc of 12 countries in the region would increase generation by about 8.4 gigawatts from sources such as solar and wind.”

The twelve countries, which include South Africa, Tanzania, Angola, Botswana, Mozambique, and Zambia, currently rely mainly on coal to generate electricity. Their power grids are connected under an initiative called the Southern African Power Pool (SAPP).

Suluhu Hassan is expected to present the energy transition proposal at a meeting of leaders of developed countries and financial institutions on the sidelines of COP27.

"It’s a very timely occasion at this COP to talk about infusing renewables into the Southern African Power Pool. […]You want us to transition? This is the opportunity,” said Minister Makamba.

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom


Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

Please publish modules in offcanvas position.