Why Africa? Why Now? The Trillion-Dollar Energy Opportunity in Focus at the Africa Energy Indaba
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Africa stands at the centre of one of the greatest energy investment opportunities of the 21st century. As global markets search for bankable projects, scalable renewables, and high-growth energy economies, attention is rapidly turning to a continent rich in resources, reform momentum, and unmet demand.
According to the World Economic Forum, achieving a sustainable energy future in Africa will require an estimated US $2.9 trillion in investment between 2022 and 2050, with annual energy investment needs rising from US $70 billion in 2022 to US $160 billion by 2050. This scale of opportunity is unmatched in emerging markets.
Renewable growth is already accelerating. Installed renewable capacity in Africa increased from approximately 60 GW in 2023 to nearly 67 GW in 2024, with solar and wind projected to expand dramatically by 2050. Yet despite holding extraordinary renewable potential — 10 TW solar, 350 GW hydro, 110 GW wind and 15 GW geothermal — Africa has attracted less than 2% of global renewable investment over the past two decades.
Market signals are shifting. Solar panel imports surged by 60% year-on-year, reaching 15 GW in the 12 months ending June 2025, indicating rapid market activation even in regions historically underserved by grid infrastructure.
At the same time, the urgency remains stark: over 600 million Africans still lack access to electricity, and achieving universal access will require an estimated US $64 billion annually.Encouragingly, climate-related finance in Africa has grown to over US $50 billion, a 48% increase in mobilised funds, reflecting rising global confidence in African energy markets.
This is the context in which the Africa Energy Indaba, hosted annually in Cape Town, has become the continent’s leading platform where policy meets projects, and investment meets opportunity.
The Indaba convenes senior government leaders, utilities, regulators, project developers, financiers, DFIs, investors, and technology providers from across Africa and the world to engage directly on investment-ready energy projects, enabling policy frameworks, and the partnerships required to unlock delivery at scale.
Why Attend the Africa Energy Indaba?
Participants gain the opportunity to:
- Access bankable energy and infrastructure projects across renewables, transmission, hydrogen, gas, nuclear and off-grid solutions
- Engage directly with decision-makers shaping energy policy and regulation across African markets
- Network with investors, financiers, developers, EPCs and technology providers actively seeking projects and partnerships
- Understand the practical frameworks enabling project bankability and regional energy integration
- Position their organisations at the centre of Africa’s trillion-dollar energy transformation
As Africa’s energy transition accelerates, the Africa Energy Indaba provides an unrivalled platform for strategic dialogue, investment engagement, and project development that will define the continent’s sustainable energy future.
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