Hopes rise for green economy boom at Africa Climate Summit

Renewables are thriving, with Africa breaking solar energy records – but action is needed to plug financing gap

The first signs of a takeoff of Africa’s green economy are raising hopes that a transformation of the continent’s fortunes may be under way, driven by solar power and an increase in low-carbon investment.

African leaders are meeting this week in Addis Ababa, Ethiopia, for the Africa Climate Summit, a precursor to the global UN Cop30 in November. They will call for an increase in support from rich countries for Africa’s green resurgence, without which they will warn it could be fragile and spread unevenly.