Over the next decade, annual investments of USD 15 billion in energy projects will be needed to meet the UN’s SDG7 goal of universal access to reliable, affordable and sustainable energy by 2030* …
Thanks to its huge renewable energy potential, Africa can pursue a much less carbon-intensive development model than elsewhere in the world.
That is why insurance solutions backed by the African Energy Guarantee Facility (AEGF) are key to adequately de-risk sustainable energy projects and get them from the drawing board to the grid.
Success starts with
the right risk cover.
The African Energy Guarantee Facility (AEGF) equips primary insurers with the additional capacity to cover risks that traditionally were beyond their scope – the kinds of risks that have been holding back crucial energy investment or threatening the success of energy projects already underway.
Maintaining the growth momentum of Sub-Saharan Africa’s dynamic economies means shifting all aspects of electrification into a higher gear. AEGF-backed insurance solutions are part of the linkage that gets energy projects from the drawing board to the grid.