According to the UAE’s minister for climate change and the environment, Mariam Almheiri, her country’s experience in developing green energy and industry projects puts it in a strong position to contribute to Africa’s energy transition. In a recent interview, Almheiri stressed that the UAE is “ready with money and with technology” to play its part in helping Africa with its transformation. The planned $4.5 billion investment into African green energy is spearheaded by four entities – the Abu Dhabi Fund for Development, Etihad Credit Insurance, Masdar, and AMEA Power – all of which have close ties with the UAE government. Asked about the reasons for the UAE’s enthusiasm for supporting the energy transition in Africa, Almheiri says that the continent “is so close to the UAE. Noting that rainfall is becoming less reliable and droughts more frequent, Almheiri says that ensuring that “things get fixed” is vital to “keep Africa intact” and “stop the migration routes.”

Source: The North Africa Journal October 01, 2023 12:21 UTC