Page 1 - AfrElec Week 07 2022
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Issue 338            17•February•2022                     Week 07









                  ™     ™Fossil fuel investment persists


                          Leading banks have continued to offer $33bn of financing to expand existing fossil
                          fuel projects over the past year, despite their commitments to promoting green
                          energy projects

                  ™     ™aste-to-energy in SA
                          W

                          Kibo Energy has signed a PPA for its pioneering 2.7-MW plastic-to-syngas power
                          plant in South Africa’s Gauteng province


                  ™     ™Egypt’s 20% green breakthrough


                          Renewable energy has broken through the 20% threshold in Egypt, as the country’s
                          Finance Minister Mohamed Maait said this week that green generating capacity
                          now stood at 6,128MW.
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