EU Commits $638m To Africa Energy Push

Key Figures & Findings: The European Union has committed €545 million ($638 million) to accelerate Africa’s clean-energy transition, announced by Commission President Ursula von der Leyen at the Global Citizen Festival in New York. The initiative covers nine countries, targeting electrification, grid modernisation, and renewable deployment. Côte d’Ivoire receives the largest share with €359.4 million for a high-voltage transmission project, while Cameroon will gain €59.1 million for rural electrification and Somalia €45.5 million to expand affordable access. Other beneficiaries include Madagascar, Lesotho, Mozambique, the Republic of Congo, Ghana, and the Central African Republic.

Statistics & Insights: Côte d’Ivoire’s allocation represents 66% of the package, confirming its role as a regional energy hub. Cameroon and Somalia combined account for another 16%, while smaller funds target rural mini-grids and pilot projects. The program is framed against Africa’s 600 million people without electricity, with EU estimates pointing to 38 million potential green jobs by 2030.

Future Implications: If rolled out between 2025 and 2030, the program could reduce energy poverty, strengthen regional power trade, and accelerate Africa’s place in global climate solutions. Its mix of grid-scale and rural projects may also shape future Global Gateway investments.

Source: North Africa Post

Quick Take: The EU just poured $638m into Africa’s clean energy, a move that could light up millions of homes and create 38 million green jobs.