Sharp Daily
No Result
View All Result
Thursday, June 5, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Investments

Africa Has a Promising Energy Resources

Dennis Otsieno by Dennis Otsieno
April 19, 2023
in Investments
Reading Time: 2 mins read
Renewable Energy

Renewable Energy [Photo/Courtesy]

Kenya’s energy sector is getting increasing attention from policymakers and the private sector. As demand for energy rises, current energy systems must grow rapidly to meet it. This must be done in reliable, resilient and affordable ways while ensuring access for all.

The future of energy systems has been a hotly debated topic all over the world ever since the link between fossil fuel combustion and the negative impacts of climate change became widely known. Energy transitions – pathways to shift from fossil fuels to cleaner forms of energy – have long been debated. One visible outcome, among many others, is the increased use of electric vehicles.

Most of the international and media attention for Africa’s energy systems has focused on simply pointing out the size of the challenge – captured in statistics such as “570 million people in Africa live without electricity”.

This solemn narrative has changed in recent times. With renewed investor interest in gas contracts and exploitation of solar, wind and hydrogen, the hot topic of energy transition appears to have touched down in Africa.

RELATEDPOSTS

What Africa’s Great Migration Can Teach Modern Travelers

May 27, 2025

Let’s power rural Kenya’s economic revival

April 29, 2025

Read:EU Pledges Kshs 2.7 Billion For Green Energy In Kenya

In many cases, it looks rather like a business opportunity rather than fundamentally a development goal or climate change commitment – but a positive change in narrative nonetheless.

International organizations have been working hard to provide a clear picture of potential energy pathways for African countries in recent years. It has been shown that the opportunity for growing African countries’ energy systems in sustainable ways is promising.

The continent as a whole is enormously well-endowed with clean energy resources: solar, wind, hydropower, geothermal, and others. These are unevenly distributed across countries, but each and every country has promising resources.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Troubled Kenyan Economy Needs a Lasting Solution

Next Post

Government Deal to Import Fuel on Credit in Motion

Dennis Otsieno

Dennis Otsieno

Related Posts

Investments

Decoding stock-based compensation

June 4, 2025
Investments

Navigating the money market and fixed income funds landscape

June 3, 2025
Investments

Foreign influence in Kenya’s credit crisis

May 28, 2025
Investments

SACCO’s at the heart of rural financial inclusion in Kenya

May 22, 2025
Investments

Real yields vs. nominal yields on Kenya’s government bonds

May 21, 2025
Investments

Knight Frank: Kenya’s wealthy swap mansions for market moves

May 19, 2025

LATEST STORIES

How Kenyan banks can modernize without marginalizing

June 4, 2025

Human rights concerns over activists’ treatment in Tanzania

June 4, 2025

Decoding stock-based compensation

June 4, 2025

Comparative advantage is the secret to real economic take off

June 4, 2025

Understanding inflation and its impact on everyday life

June 4, 2025

Economic reforms are costly

June 3, 2025

Cytonn Income Drawdown Fund (CIDDF)

June 3, 2025

Navigating the money market and fixed income funds landscape

June 3, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024