Namibia Energy Investment Conferenc

N$301.6 billion needed to save Africa’s energy poverty – Alweendo

N$301.6 billion needed to save Africa’s energy poverty – Alweendo

Tujoromajo Kasuto Minister of Mines and Energy, Tom Alweendo says for Africa’s energy poverty to become history, there is a need to think differently about the countries capability and what needs to be done to attract the necessary investment in the energy space. Alweendo was speaking at the ongoing Namibia Energy Investment Conference in Windhoek today. He says some estimates suggest that the continent needs an annual investment of US$20 billion from now until 2030, which he believes is impossible, ‘’but there is a need to think and act anew’’. Additionally, he highlights that significant developments have emerged within the…
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