North African countries can benefit from multilateral support to make projects attractive to investors, says GlobalData - News Summed Up

North African countries can benefit from multilateral support to make projects attractive to investors, says GlobalData


This move reflects actions taken by other North African states that are also pursuing ambitious clean energy targets. Andrew Roscoe, Energy Editor at GlobalData, comments: "Morocco has the region's most ambitious 2020 target of meeting 42% of its energy requirements through clean energy. Tunisia aims to develop 4.7 gigawatts (GW) of clean energy by 2030, while Algeria has set the staggering target of 22GW by the same date. Like many countries in the Middle East and North Africa, Egypt has ambitious plans to increase the amount of electricity it generates from renewable and clean energy sources." Roscoe continued: "Egypt has considerable wind power capacity in operation and it is seeking to be at the centre of wind power technology and skills for Africa and the Middle East.


Source: The North Africa Journal October 18, 2019 13:52 UTC



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