New investment projects in China-Africa energy storage

What are China's energy investments in Africa?

These investments aim to address Africa’s energy deficits, boost economic growth, and solidify China’s influence on the continent. Hydropower projects have become a major part of China’s energy investments in Africa. A prime example is Uganda’s Karuma Hydropower Project, a 600 MW facility built on the Nile River.

How does China contribute to Africa's Energy Development?

African countries benefit from sustainable development and energy access. China’s financial support increases Africa’s energy capacity and independence. China has notably increased its investments in Africa’s energy infrastructure, establishing itself as a critical player in the continent’s energy development.

Why is China investing in hydropower in Africa?

These hydropower investments are in line with China’s strategy to support the development of clean energy sources as part of its broader commitment to sustainable development goals. While China’s early investments in Africa’s energy sector were largely focused on fossil fuels and hydropower, recent years have seen a shift towards renewable energy.

Does China support Africa's energy transition?

By supporting Africa’s energy transition, China is not only addressing global environmental concerns but also positioning itself as a leader in clean energy finance. Despite its push for renewables, China continues to invest in Africa’s oil and gas sector, which remains a vital part of the continent’s economy.