The July NEDEA policy engagement session explored how innovative climate financing and green trade can fuel Africa’s green transition and sustainable growth.
Key insights from speakers
Africa receives less than 5% of global energy investments, despite vast renewable energy potential.
-Afrika Verein’s Khadi Camara emphasized the gap left by withdrawing international climate funds, and called for private sector engagement to scale renewable energy access as well as the African diaspora’s strategic role in bridging knowledge, capital, and technology between Germany and Africa.
– REN21’s Frank Okoth-Menya stressed the shift from “finance as a theory” to “financing as development action”, advocating for local manufacturing, youth-led innovation, and power purchase agreements (PPAs) as tools for long-term energy security.
-Kenneth Awotwe Darko highlighted the need for investment-ready innovations that show clear pathways to profitability and sustainability while addressing climate challenges.
Call to action:
1. Enable youth-led enterprises to access green capital.
2. Train the next generation in renewable tech.
3. Foster cross-continental partnerships that reduce risk and increase impact.
Missed the webinar? Download the presentation here: Enhancing-Africas-Green-Economy-By-Frank-Odhiambo-Okoth-Menya.pdf
We are proud to host conversations that bring Africa’s climate and green enterprise narratives together, and we kindly invite you to join us in our subsequent sessions.
