As of 2020, investments in energy generation capacity in Africa reached some 16.6 billion U.S. dollars. In general, commitments to renewable sources predominated in Sub-Saharan Africa (excluding South Africa). For instance, nearly five billion U.S. dollars were invested in hydropower and solar PV combined, against 1.5 billion U.S. dollars investment in oil. In Northern Africa and South Africa, renewables absorbed roughly 50 percent of the total commitments.
Value of investment in energy generation capacity in Africa as of 2020, by technology
(in billion U.S. dollars)
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IEA. (December 11, 2020). Value of investment in energy generation capacity in Africa as of 2020, by technology (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1296606/investment-in-energy-generation-capacity-in-africa-by-technology/
IEA. "Value of investment in energy generation capacity in Africa as of 2020, by technology (in billion U.S. dollars)." Chart. December 11, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1296606/investment-in-energy-generation-capacity-in-africa-by-technology/
IEA. (2020). Value of investment in energy generation capacity in Africa as of 2020, by technology (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1296606/investment-in-energy-generation-capacity-in-africa-by-technology/
IEA. "Value of Investment in Energy Generation Capacity in Africa as of 2020, by Technology (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Dec 2020, https://www.statista.com/statistics/1296606/investment-in-energy-generation-capacity-in-africa-by-technology/
IEA, Value of investment in energy generation capacity in Africa as of 2020, by technology (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1296606/investment-in-energy-generation-capacity-in-africa-by-technology/ (last visited December 19, 2024)
Value of investment in energy generation capacity in Africa as of 2020, by technology (in billion U.S. dollars) [Graph], IEA, December 11, 2020. [Online]. Available: https://www.statista.com/statistics/1296606/investment-in-energy-generation-capacity-in-africa-by-technology/