World Economic Forum Regional Action Group for Africa Financing the Future of Energy

In collaboration with Deloitte

Africa’s power sector will play a central role in the transition from fossil fuel-driven power generation to a renewable-strong energy mix. The migration to a multi-stakeholder-oriented net-zero power grid is being driven by “the 3Ds:”

Decarbonization: moving from fossil fuel sources to renewables
Decentralization: Shifting from centrally managed generation, transmission, and distribution to decentralized systems
Digitalization: Leveraging digital technology to advance the transition

The report contends that new coalitions and investments with developed nations and NGOs including the World Economic Forum must coordinate and enable countries to leapfrog existing technologies and infrastructure.

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