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Gain insights on the latest energy market trends in North Africa and align your business strategy with one of the most promising energy markets through our exclusive report.
North Africa's Key Stats
Egypt plans to install additional renewable energy
capacities that will generate 42% of electricity by 2035.
Mauritania aims to increase the share of renewables to 60%
by 2030.
Sudan aims for universal electrification by 2031.
Morocco will be able to generate 85% of its electricity
needs from green energy by 2050.
472 MW is the total capacity of installed renewable energies
through March 2022.
Report Highlights:
According to a recent article from Fitch Solutions, there will be
an increased focus on grid-scale investment in North Africa in
2023 and beyond.
The International Renewable Energy Agency (IRENA) outlined North Africa to have some of the highest technical potential for green hydrogen production based on renewable potential and the cost of electricity.
According to the European Council on Foreign Affairs, development finance institutions have a critical role to play in improving
access to energy in North Africa, especially by enabling more electrification of household energy and finance for rooftop energy solutions.
The North African battery market is expected to rise at a CAGR of more than 9% between 2019 and 2027, driven by theincreasing adoption of renewable energy inthe region and rapidly growing telecom anddatabase sectors.
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