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Africa needs $25B investment to connect 90 million with power yearly-IEA

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The International Energy Agency (IEA) has said Sub-Saharan Africa will require $25 billion in annual investment in order to bring electricity access to 600 million people.

This comes in the wake of rising COVID-19 pandemic and the Russia-Ukraine conflict which has triggered a rise in key commodity prices which has resulted to 25 million more people in Africa living without electricity as compared to before the health pandemic.

IEA Executive Director Fattih Birol said affordable energy for…

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