Africa needs $80bn in energy investment annually – Expert

Africa should learn to preserve its energy for the benefit of its development needs, which requires $80 billion annually, Christoph…

Africa should learn to preserve its energy for the benefit of its development needs, which requires $80 billion annually, Christoph Frei, World Energy Council’s Secretary General, said in Johannesburg on Tuesday.Speaking at the Africa Energy Indaba (summit) currently underway at the Sandton Convention Centre in Johannesburg, Frei said: “We need to preserve our energy to attract economic growth into the African continent. We need energy to create more job opportunities.”

Frei said his priorities have been to mobilise international energy leaders and decision-makers to work together towards building a sustainable future, underpinned by robust policymaking.

In this regard, he said, his main focus has been to provide world decision-makers with the necessary evidence base and the high-level dialogue platform for energy policies.

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