The European Commission has pledged��300 1000000 inward an bear witness to leverage farther investments amounting to��4.8 billion for the evolution of nineteen novel renewable unloosen energy projects inward Africa, every bit business office of its purpose inward the Africa Renewable Energy Initiative.
Announced this calendar week inward Conakry, Guinea, the European Union Commissioner for International Cooperation together with Development, Neven Mimica, announced the training of nineteen novel renewable unloosen energy projects inward Africa which would postulate a full investment of �4.8 billion. The European Commission volition contribute��300 1000000 ($316 million) inward an bear witness to leverage the remaining necessary investments, which inward plough would encounter 1.8 gigawatts (GW) of novel renewable unloosen energy capacity added inward Africa.
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