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API-Africa

More Chinese energy investments in Africa are going to renewables, report nds

China is increasingly channelling its energy investments in Africa into renewable projects, with solar and wind power now accounting for 59 per cent of its energy projects on the continent, according to a report by UK-based think tank ODI Global. The report found one- fifth of China’s overall energy sector and also a fifth of renewable energy investment and construction activity had taken place in Africa, amounting to US$66 billion between 2010 and 2024. South China Morning Post.