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    Are unfavorable tax policies delaying Africa’s clean energy takeoff?

    Experts argue that tax systems in most African countries favor investments in “brown” rather than “green” economies and this is prohibiting investments in renewable energy.

    By David Njagi // 19 December 2023

    The appetite for renewable energy in Africa is growing, according to a World Bank study which reported that over a quarter of a million settlements in Africa favor the deployment of solar minigrids in their communities.

    However, experts say prohibitive government policies and lack of suitable space to establish the energy systems are delaying their deployment, even as the World Bank reports that 568 million people in sub-Saharan Africa are not connected to electricity.

    Mark Napier, CEO at FSD Africa, said there is a huge opportunity for Africa in renewable energy, but the tax systems in most countries favor investments in “brown” rather than “green” economies.

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    About the author

    • David Njagi

      David Njagi

      David Njagi is a Kenya-based Devex Contributing Reporter with over 12 years’ experience in the field of journalism. He graduated from the Technical University of Kenya with a diploma in journalism and public relations. He has reported for local and international media outlets, such as the BBC Future Planet, Reuters AlertNet, allAfrica.com, Inter Press Service, Science and Development Network, Mongabay Reporting Network, and Women’s Media Center.

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