Financing renewable energy in West Africa

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The gap in power generation in West Africa still persists and this region’s dependence on fossil fuels has a huge impact on its economy and environment.

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The gap in power generation in West Africa still persists and this region’s dependence on fossil fuels has a huge impact on its economy and environment.

 

For this reason, a shift towards renewable energy is needed in this sub-region of Africa; however, the rural areas are far from having access to electricity; the financing for renewable energy projects remain to be a great challenge; and authorities struggle to find funding for putting in place their own energy infrastructures.

 

With LSL’s solutions, West African countries could finance their electrification programmes, in particular through micro-contributions levied on international incoming calls, which could generate millions of dollars annually and would help to maintain their solar power infrastructures without resorting to debt, which would reduce their dependence on foreign aid.

 

Read the full article.

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The gap in power generation in West Africa still persists and this region’s dependence on fossil fuels has a huge impact on its economy and environment.

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The gap in power generation in West Africa still persists and this region’s dependence on fossil fuels has a huge impact on its economy and environment.

 

For this reason, a shift towards renewable energy is needed in this sub-region of Africa; however, the rural areas are far from having access to electricity; the financing for renewable energy projects remain to be a great challenge; and authorities struggle to find funding for putting in place their own energy infrastructures.

 

With LSL’s solutions, West African countries could finance their electrification programmes, in particular through micro-contributions levied on international incoming calls, which could generate millions of dollars annually and would help to maintain their solar power infrastructures without resorting to debt, which would reduce their dependence on foreign aid.

 

Read the full article.

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The gap in power generation in West Africa still persists and this region’s dependence on fossil fuels has a huge impact on its economy and environment.

 

For this reason, a shift towards renewable energy is needed in this sub-region of Africa; however, the rural areas are far from having access to electricity; the financing for renewable energy projects remain to be a great challenge; and authorities struggle to find funding for putting in place their own energy infrastructures.

 

With LSL’s solutions, West African countries could finance their electrification programmes, in particular through micro-contributions levied on international incoming calls, which could generate millions of dollars annually and would help to maintain their solar power infrastructures without resorting to debt, which would reduce their dependence on foreign aid.

 

Read the full article.

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