• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, August 2, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Africa

IDEP Calls on Africa to Curb Emissions to Attract Investments

Maynard Championby Maynard Champion
February 28, 2023
Reading Time: 3 mins read
Add as Preferred on Google
IDEP Calls on Africa to Curb Emissions to Attract Investments

The Institute for Development and Economic Planning (IDEP) has called on Africa to curb emissions to attract investments.

According to IDEP Director, Karima Bounemra Ben Soltane, Africa can become a major supplier of gas; beyond meeting its own needs, the region can help achieve energy security in Europe. To do so, he said Africa must increase and diversify its energy supply chain. “Even if Africa is not known for being one of the main polluters, it needs to start curbing emissions to attract investments,” insisted Bounemra Ben Soltane.

The call was made at the beginning of 9th Session of the Africa Regional Forum on Sustainable Development (ARFSD) taking place in Niamey (Niger) today 28th February to March 2nd, 2023 on the theme ‘How Africa can go green through a clean energy strategy’.

In a presentation on capacity building prospects and partnerships opportunities in the clean energy sector, Head of the IDEP’s E-Learning, Knowledge & Management Division, Thierry Amoussougbo, discussed strategic steps required for Africa’s successful transition to clean energy. Some of the steps discussed are: harmonising regulatory frameworks, reducing investment risks and providing public private partnership opportunities to attract investors; and step up the private sector’s contribution.

ADVERTISEMENT

The Head of the IDEP’s E-Learning, Knowledge & Management Division added that other key interventions include facilitating trade in renewable energy across the region, large scale training policies to reach a critical mass of expertise that will facilitate the continent’s transition to clean energy, including by adapting curricula and improving policy makers’ ability to move from the planning to the execution stages.

This year’s edition of ARFSD is an opportunity to assess Africa’s progress in the implementation of several Sustainable Development Goals, including SDG 7 (affordable and clean energy); SDG 6 (clean water and sanitation); SDG 9 (industry, innovation, and infrastructure); SDG 11 (sustainable cities and communities); and SDG 17 (partnerships for the Goals) and the corresponding goals of Agenda 2063.

The African Institute for Economic Development and Planning (IDEP) is a Pan-African institution created in 1962 by the UN General Assembly whose primary purpose is to support African countries’ efforts to develop their human resource capacities to promote their socio-economic development.

Urbanization and Population Growth

Andrea Renzulli, Senior Expert at RES4AFRICA Foundation noted that urbanization and population growth are putting intense pressure on Africa’s energy infrastructure, where demand is significantly outstripping supply, leading to power cuts and limiting economic development. This situation, he said, may worsen further as Africa’s urban population keeps rising to an expected 1.2 billion by 2050.

The expert averred that rising demand and oil prices, the looming depletion of global oil stocks and climate change mean that Africa’s traditional reliance on conventional energy sources is no longer a viable option. However, the continent’s clean energy transition is not without challenges either.

ADVERTISEMENT

“Africa is the continent with the highest renewable energy potential in the world and is the one with the least access to it”, said Andrea Renzulli. Against global trends, he stated that the continent’s renewable energy investments have reached a historical low, accounting for only six percent of total investments in renewable energy.

Mr Renzulli noted that in West Africa, for example, regulatory barriers are partly to blame for the slow development of renewables, stressing that the slow regional integration process, unclear routes to market, non-cost reflective tariffs and the inefficiency of infrastructures are having a negative impact.

Yet, renewable energy could greatly contribute to West Africa’s development provided its natural (solar, wind and hydropower) resources are properly exploited. According to IRENA estimates, West Africa’s renewable potential is around 37 times its current energy production levels (i.e. 82.5 TWh including non-renewable production), Mr Renzulli added.

ADVERTISEMENT

A transition to clean energy can bring many benefits, such as access to energy for all or opportunities for leapfrogging. It can also have a positive impact on other economic sectors, health and pollution levels, etc. said Cecilia Kinuthia-Njenga, UNFCCC Director for Intergovernmental Support and Collective Progress.

READ ALSO: At a High Interest Rate of Over 35%, T-bills Is Highly Oversubscribed

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Please login to join discussion
Previous Post

China Reacts To Tiktok Ban On U.S Government Devices, Says It Reflects Insecurities

Next Post

Ghana FinTech Startups Accumulates Almost $400m In 2022, Revenues Estimated To Reach $18.6bn by 2025

Related Posts

Murtala Muhammed International Airport (MMIA) in Lagos,
Africa

Fire Breaks Out at Lagos International Airport’s Terminal 2

August 2, 2026
Ebola outbreak in DR Congo
Africa

Ebola Outbreak in DR Congo Becomes Fastest Growing in History

July 31, 2026
Human Rights Watch
Africa

Human Rights Watch Accuses Russian Africa Corps of Killing Civilians in Mali Airstrike

July 31, 2026
Veteran Ugandan opposition leader Kizza Besigye
Africa

Veteran Ugandan Opposition Leader Hospitalised After Collapsing During Treason Trial

July 30, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Greenstreet Reveals Ambitious International Banking Strategy for Ghana

Greenstreet Reveals Ambitious International Banking Strategy for Ghana

August 2, 2026
Photo of Edmond Kombat, President Mahama and Dr Jinapor with the team from TOR

TOR Revival Signals New Phase for Ghana’s Energy Security

August 2, 2026
download 67

Greek Firefighting Helicopters Collide During Wildfire Battle

August 2, 2026
Honourable Alfred Okoe Vanderpuije

Appointments To Local Governance Must End — Ablekuma South MP

August 2, 2026
President John Dramani Mahama

Mahama Slams Dumping Habits Over Tema Fishmongers’ Unsanitary Video

August 2, 2026
ADVERTISEMENT
Next Post
Ghanaian FinTech Startups Raise Almost $400m In 2022, Revenues Estimated To Reach $18.6bn by 2025

Ghana FinTech Startups Accumulates Almost $400m In 2022, Revenues Estimated To Reach $18.6bn by 2025

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.