The sustainability priesthood at the EU has mobilized €15.1 billion to support investments in what it calls “clean energy” in Africa. This includes a Team Europe package of €10 billion, as well as significant additional bilateral contributions from European financial institutions, member states, and their development finance institutions, and estimated mobilized private investment.
But whereas Russia’s Rosatom puts efficient nuclear power development on top of its agenda for Africa, the EU emphasizes that “Africa holds 60% of the world’s best solar resources [sic], offering a significant opportunity for renewable energy.” That, the EU claims, will provide electricity to “some 600 million people, mostly in Sub-Saharan Africa,” who today still “have no access to electricity.”
Germany will contribute more than €2 billion to the EU’s development-prevention plan. This was announced by the European Commission at the closing conference in Johannesburg of the “Scaling Up Renewables in Africa” campaign, which was hosted by European Commission President Ursula von der Leyen, together with South African President Cyril Ramaphosa. The campaign was launched a year ago at the G20 summit in Rio de Janeiro, Brazil.
