The organisers of Africa’s Green Economy Summit, taking place in Cape Town from 22–24 February, have announced that global mobility giant Uber and car
The organisers of Africa’s Green Economy Summit, taking place in Cape Town from 22–24 February, have announced that global mobility giant Uber and car manufacturer Nissan will be official partners of the event. In addition, several more very prominent speakers have been confirmed for the packed two-day investment gathering.
Africa’s Green Economy Summit will bring together investors, developers and governments, highlighting investment prospects that exist in the fields of green hydrogen, EVs and hybrid vehicles, energy storage, solar, hydro and wind energy, infrastructure development, urban sustainability as well as manufacturing. It is part of the E-Fest Cape Town that will culminate in the Formula E 2023 Cape Town E-Prix race in the same week on 25 February 2023.
Africa’s Green Economy Summit
“There are huge opportunities for Africa to take advantage of business and technology innovation to drive green growth opportunities on the continent that will give both good climate outcomes but increase incomes and growth on the continent. This will require public policymakers, private entrepreneurs, investors and the financial sector to work together in a coordinated way to deliver on these opportunities.”
So says John Roome, the World Bank’s South Asia Regional Director of Sustainable Development, and moderator of the session on “Accelerating Green Investment in Africa” at the summit.
Setting the scene for the discussions, the World Bank’s John Roome explains that “Africa doesn’t need to reinvent the wheel. There are four examples that I will talk about from India that give good examples of how India has been able to drive down the price of LED light bulbs and create a new business opportunity in street lighting, how they’ve been able to drive growth in e-buses across the country, how they’ve expanded rooftop solar and how they have expanded renewables through renewable energy solar energy farms, using a combination of public policy, private investment and financial sector innovation.”