REnewAfrica Initiative

Last updated: 2 August 2023

RenewAfrica is a private-sector initiative designed to spur European investments into renewable energy in Africa. Launched in June 2019 by the RES4Africa Foundation, the initiative is backed by 27 industry actors from the European renewable energy sector. Under RenewAfrica, these stakeholders promote a comprehensive investment programme structure based on four pillars: policy dialogue, capacity building, technical assistance and financial de-risking. This structure aims to develop a series of sustainable, renewable investment projects across Africa, with greater use of public-private partnership models, which will help establish the necessary conditions for job creation and economic development in the countries in which they are deployed. 

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