M a r k e t N e w s

AREI receives US$10bn from several countries that pledge Clean Energy

Posted on : Friday , 11th December 2015

 The Africa Renewable Energy Initiative (AREI) is being supported significantly by several countries that have pledged around US$10bn for clean energy projects in Africa 

cleanenergy ArtemyoLagalag flickrThe goal of AREI is to supply atleast 300GW of power by 2030 to the African continent, through clean energy sources. At COP21 held in France, G7 countries Germany, France, Canada, Italy, Japan, United Kingdom and USA along with the European Union and Sweden pledged the amount towards the upliftment of Africa’s clean energy generation plans. Particularly, Germany will contribute US$3.25bn, France US$2.2bn, Sweden US$500mn and Canada US$81mn. With around US$600mn people lacking proper access to electricity in Africa, the AREI is keen to aid sustainable development and enhanced well-being by providing access to clean and affordable energy in the continent. African Development Bank president Akinwumi Ayodeji Adesina said, “Africa is tired of being in the dark. The lack of electricity has put the brakes on Africa’s industrialisation. Through the AREI, we can sustain fast economic growth in Africa and on a low carbon development pathway.” The AREI plans to mobilise Africa’s large expanse of clean energy sources to generate around 300GW by 2030. United Nations Environment Programme (UNEP) executive director Achim Steiner said, “Africa’s renewable energy revolution will ensure access to clean, reliable and efficient energy, while ensuring we do not add to the greenhouse gas emissions we are gathered here in Paris to reduce. The AREI aims to do just that. Such leadership from Africa, and the financial backing from the international community announced today, provides fresh hope that we can tackle the twin challenges of sustainable development and climate change.”

Source : africanreview.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • Anya energy limited is accredited with ISO 9001 certification for Quality Management System and our products are recognized and certified by Bureau of Indian Standards
  • A world leading name in Heat Transfer Technology
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Leading manufactures and expoters of the electronic products
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Multi feedstock batch processing biodiesel equipment
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • GM Electricals is a competitive wholeseller of broad range of electrical materials and equipments
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Pumping solutions, a technological potential.
  • Mini plants of toilet paper rolls production
  • Catering for the most varied industrial storage requirements.
  • Sonmez Makina Ltd. is a manufacturer and exporter company for filling systems of domestic use LPG cylinders.
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • Manufacturer of heavy duty machinery
  • Lavorwash is a world-leader in manufacturing high pressure cleaners and vacuum cleaners for household and professional use.
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  •  JS Electromec Ltd,(JSE Ltd) are registered Electrical contractors and Suppliers of Lighting and Power solutions for residential, commercial and industrial applications in Tanzania.
  • Hevt Duty Machinery
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2025 Afrotrade