France set to Donate € 2 billion to Africa towards Renewable Energy development

by | Dec 2, 2015

France is set to donate two billion euros ($2.1 billion) to African countries over the next four years to develop renewable energy and replace the fossil fuels that drive global warming, President Francois Hollande said Tuesday.

“France will devote six billion euros between 2016 and 2020 for electricity provision on the continent,” he said at a meeting of African leaders on the sidelines of a UN climate conference held in Paris.

“Two billion euros will be spent on renewable energy” double the amount France provided in the preceding five years, he added.

The French president spoke a day after more than 150 world leaders gathered for the start of the 12-day
meeting aimed at reducing the threat of global warming and helping poor countries cope with its damages.

Advertisement

“France wants to lead by example,” the French president said of his country’s commitment to boosting Africa’s green energy transition.

“Though Africa is not responsible for emitting greenhouse gases, it is suffering the consequences of climate change,” Holland said.

“The world owes an ecological debt to the African continent.”

Photo Credit: epSos.de via Compfight cc

Imanah Oluseyi
Imanah Oluseyi

Tech writer.

Advertisement


Are you in tech and you are looking at getting a foreign remote job or you want to move abroad? Fill this form and you will get the BEST resources to help you get that high paying remote job as well as japa easily! WAGMI!

0 Comments

Recent News

Kenya’s digital products for PwDs

Kenya’s digital products for PwDs

On #TechpointDigest, Victoria Fakiya (@latoria_ria) discusses what Jumia’s partnership with CGAP could mean, and Kenya’s digital products for people with disabilities.

Reclaiming stolen African artefacts

Reclaiming stolen African artefacts

On #TechpointDigest, Victoria Fakiya (@latoria_ria) discusses how Traction wants to stop fake alerts, Canza Finance’s journey, Esaal’s $1.7m seed round, and JABU’s $15m series A.

[PODCAST] Relooting African art with NFTs

[PODCAST] Relooting African art with NFTs

What do you think about an NFT project that wants to reclaim Africa’s lost artefacts? Well, the editorial team had some interesting thoughts, and you can listen to this and other stories on today’s episode of #TechpointAfricaPodcast.

$2 million to drive learning via WhatsApp 

$2 million to drive learning via WhatsApp 

On #TechpointDigest, we discuss how major players in the African mobility space can change the mobility narrative, FoondaMate’s $2 million funding, Twitter Create, and AMP’s $5.6 million seed round.

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Blockchain Explorer

Analysis oninnovation, regulations, and trends inthe blockchain sector, as it concerns Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap