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Among the challenges facing Africa’s energy sector is the dearth of sustainable financing. The reasons for this challenge include are inadequate capacity of local funding sources to finance energy projects, inefficient offtakers, high interest rates among others. This implies that although Sub...
Persistent link: https://www.econbiz.de/10014243777
Open and competitive bidding process (toss a coin) promotes transparency, efficiency and cost reduction as compared to direct negotiations (shake a hand). This paper provides an overview of renewable energy interventions in Angola, Algeria, Cote Dvoire, Ghana and Nigeria. Further, best practices...
Persistent link: https://www.econbiz.de/10012854545
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Goal 7 of the Sustainable Development Goals seeks to ensure universal access to affordable, reliable and modern energy services and increase substantially the share of renewable energy in the global energy mix by 2030. This target provides an opportunity as well as a challenge to African...
Persistent link: https://www.econbiz.de/10011496336
Goal 7 of the Sustainable Development Goals seeks to ensure universal access to affordable, reliable and modern energy services and increase substantially the share of renewable energy in the global energy mix by 2030. This target provides an opportunity as well as a challenge to African...
Persistent link: https://www.econbiz.de/10012988330
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Renewable energy consumption has been identified as a potential solution to the intermittent power supply in Ghana. Recently, a Renewable Energy Act has been passed which has a target of 10% of renewable energy component in Ghana’s energy mix by 2020. Whilst effort is been made to enhance...
Persistent link: https://www.econbiz.de/10014136219