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Labrish
Nyuuz
Ramaphosa welcomes €15.5 billion for Africa’s renewable energy future
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[QUOTE="Munyaradzi Mafaro, post: 72174, member: 636"] South African President Cyril Ramaphosa emphasized that financial commitments totaling 15.5 billion euros for continental renewable electricity projects must translate into tangible infrastructure benefiting local populations. The leader addressed a Global Citizen gathering where European Commission President Ursula von der Leyen announced a 7 billion euro contribution from Team Europe, representing the largest single pledge toward generating nearly 27 gigawatts of clean power capacity for approximately 17.5 million African households. Ramaphosa insisted that implementation accountability matters more than monetary pledges alone, demanding visible spending that creates opportunities for communities, workers and entrepreneurs through locally manufactured components and workforce development programs. The president connected these renewable investments to themes of equality and shared prosperity under his nation's Group of Twenty presidency. Global Citizen chief Hugh Evans characterized the campaign results as a watershed moment representing one-sixth of the required funding to achieve 2030 energy and climate objectives across a region where more than 600 million people lack reliable electrical access despite possessing exceptional solar and wind resources. [/QUOTE]
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Labrish
Nyuuz
Ramaphosa welcomes €15.5 billion for Africa’s renewable energy future
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