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Africa’s renewable energy

A new report by Boston University and the African Economic Research Consortium highlights China’s pivotal role in Africa’s transition to renewable energy, contrasting its commitments to green energy with actual investments favoring fossil fuels. Despite being Africa’s largest trading partner and making strides in infrastructure development, only 2% of Chinese loans to Africa’s energy sector support renewable sources, while over half bolster fossil fuel projects. This trend not only contradicts global sustainability efforts but also limits Africa’s potential for clean energy leadership. The report advocates for a paradigm shift, urging China to align its investments and trade policies with renewable energy development, thereby enabling Africa to harness its vast renewable resources for sustainable growth and climate resilience. This strategic pivot could transform China-Africa economic ties, positioning China as a key player in global climate action and supporting Africa’s path to a sustainable, energy-secure future.

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