EU Launches €545 Million Plan to Boost Renewable Energy Across Africa

EU Launches €545 Million Plan to Boost Renewable Energy Across Africa

EU Invests €545 Million to Expand Clean Energy and Electrification in Nine African Nations

The European Union (EU) has announced a €545 million ($638 million) investment package to accelerate renewable energy development across Africa, aiming to expand electrification, modernize power grids, and increase access to affordable clean power.

Despite the continent’s vast renewable potential, nearly 600 million Africans still live without electricity. The European Commission stated that the new initiative could help create up to 38 million green jobs by 2030, supporting Africa’s transition to sustainable energy systems.

The funding will be directed toward renewable energy and infrastructure projects in nine countries: Cameroon, the Central African Republic, the Republic of Congo, Côte d’Ivoire, Ghana, Lesotho, Madagascar, Mozambique, and Somalia.

Côte d’Ivoire will receive the largest allocation—€359.4 million—to finance a high-voltage power transmission project designed to strengthen regional energy distribution networks.

Cameroon will receive €59.1 million for rural electrification, while Somalia is set to gain €45.5 million to expand access to affordable renewable energy sources.

In the Republic of Congo, €3.5 million will support the development of solar, wind, and hydropower systems.

Lesotho’s Renewable Lesotho program will receive €25.9 million to unlock the country’s wind and hydro potential.

Ghana will be granted €2 million to prepare for the construction of a large-scale solar park and enhance regional energy trade.

Meanwhile, Madagascar will receive €33.2 million to deploy mini-grid electrification projects in rural areas, and Mozambique will benefit from €13 million aimed at promoting a low-emission energy transition and stimulating private investment in renewables.

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