600 mn
Number of Africans without access to electricity
10GW
Amount of renewable energy facilities to be developed by Masdar in Africa by 2030
US$190 bn
Amount of investment needed in Africa annually from 2026 to 2030 to meet climate objectives
10TW
Amount of solar potential in Africa
cs20
Case study summary
The disparity between energy access in the Global North and South is glaringly evident, with Africa exemplifying this imbalance. In 2022, 600 million Africans lacked access to electricity, with a staggering 98% of this number living in Sub-Saharan Africa1. Although Africa comprises 18% of the global population, it consumes less than 6% of the world’s energy, much of which is diverted to export-driven oil and gas production.
To address the continent’s urgent need for clean and secure energy, Africa requires substantial investments to drive economic growth and ensure sustainability. UAE-based renewable energy company Masdar is stepping in to help bridge this investment gap through a range of initiatives and investments. The goal is to empower African nations to unlock their full potential, secure a reliable energy supply, and improve millions of lives in an environmentally sustainable way.
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