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International Renewable Energy Agency
“The current business as usual trajectory falls significantly short of achieving universal electricity access by 2040, necessitating a substantial increase in investments to elevate the continent’s installed capacity from 266GW to approximately 1,218GW.
“To realise this ambitious target, an estimated $1.29 trillion in cumulative investments will be essential, potentially culminating in the establishment of a robust continental electricity market valued at $136 billion by 2040.
“It is imperative to take urgent and strategic actions to accomplish these transformative goals,” she added.
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