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Browsing: Africa50 and Masdar
- Masdar, UAE’s flagship renewable energy firm will work with Africa50 to identify, accelerate and scale clean energy projects across the continent.
- Ahead of COP28, Masdar will seek to unlock 10GW of clean energy projects for millions of people across Africa by 2030.
- The deal was struck on the sidelines of Africa Climate Summit held in Nairobi, Kenya.
Abu Dhabi Future Energy Company PJSC, known as Masdar, has joined hands with Africa50, the pan-African infrastructure investment platform, to propel the clean energy revolution across Africa, home to 1.3 billion people.
This collaboration, solidified by a memorandum of understanding (MoU) signed by Masdar CEO Mohamed Jameel Al Ramahi, and Alain Ebobissé, CEO of Africa50, is set to bridge the infrastructure funding gap and mobilize both public and private finance to fast-track and scale clean energy projects.
Africa’s journey to sustainable future
The alliance between Masdar and Africa50 brings together two powerhouses—one known …