For example, governments can introduce tax incentives for companies that invest in renewable energy or provide subsidies to families that install solar panels. African countries must attract domestic and international investments to fund the development of renewable energy infrastructure and technology. The commitment of African countries towards decarbonization presents opportunities for it is possible to overcome the underlying challenges and make more significant moves. Further, the transition to renewable energy requires significant investments, which can challenge developing countries like Kenya. Many African countries need more technical expertise, financial resources, and political will to invest in renewable energy sources.

Source: Nigerian Tribune May 13, 2023 09:17 UTC