Africa combats energy crisis as economies grow | Business| Economy and finance news from a German perspective | DW | 08.11.2019
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Business

Africa combats energy crisis as economies grow

The International Energy Agency says African nations need to turn up the voltage in funding power generation. A new study suggests that under current targets, some 530 million Africans will still lack electricity in 2030. The IEA says Africa must invest about $120 billion each year to bring electricity to everyone. The study comes as many African nations are pledging to boost oil production.

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