News
China positioned to lead Africa’s renewable energy revolution
China is positioned to spearhead Africa’s transition to renewable energy, according to a recent report from Boston University’s Global Development Policy Center and the African Economic Research Consortium.
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Beijing has emerged as the continent’s biggest bilateral trading partner since the start of the century.
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In 2022, fossil fuels accounted for around 75% of total electricity generation in Africa and about 90% of energy consumption.
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“…African countries are not yet receiving the full benefits of renewable energy technologies,” the report said.
Angola’s President Joao Lourenco, left, shakes hands with Chinese President Xi Jinping during the Forum on China-Africa Cooperation held at the Great Hall of the People in Beijing September 3, 2018.
With China’s significant investments and expertise in renewable technologies, the continent could see a substantial shift towards cleaner energy sources, reports Reuters.
The report highlights China’s increasing role in Africa’s energy landscape, noting its investments in solar, wind, and hydropower projects across the continent.
Lending investment
These investments not only aim to bolster Africa’s energy infrastructure but also foster economic growth and sustainability.
As Africa faces challenges like energy access and climate change, China’s involvement offers potential solutions.
By harnessing renewable energy, African nations can reduce reliance on fossil fuels, mitigate environmental impact, and meet growing energy demands sustainably.
Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.
The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.
The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.
Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.
Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured
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