Making solar power accessible and financeable across Africa

In a recent interview with CNBC Africa, Ajay Mathur, Director General of the International Solar Alliance, discussed the opportunities and challenges of scaling up renewable energy investments in East Africa. The region is experiencing a surge in renewable energy projects, with Kenya leading the way with 80% renewable coverage and ambitious plans for the future. Mathur highlighted the importance of enabling regulations to attract international investors and create a conducive environment for private sector investments in the energy sector. He praised Kenya's investment ecosystem, which has a history of providing returns to investors and a vibrant startup culture that contributes to the pipeline of renewable energy projects. However, he noted that the region still faces challenges in developing the necessary manpower and skills to support the growing renewable energy sector.