Page 1 - AfrElec Week 38 2021
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Issue 319           23•September•2021                     Week 38









                ™     ™EU’s CBAM poses high risks to Africa


                        The EU’s Green Deal and Carbon Border Adjustment Mechanism (CBAM) will hit the
                        EU’s trading partners in Africa and non-EU Eastern Europe particularly hard


                ™     ™Chinese investment in Africa

                        China said its investment in Africa rose to $2.96bn in 2020, despite the impact of global
                        pandemic on economies


                ™     ™Africa’s forests could lose carbon sink potential


                        Tropical forests in mountainous areas of Africa are more concentrated stores of carbon
                        than the Amazon, a new study in journal Nature has suggested.
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