Gulf investors build up prominent position in African power markets

In depth
Issue 1173 - 13 Jul 2023 | 7 minute read

The UAE’s hosting of the COP28 climate summit in November comes just as Gulf companies and investors are playing an ever-bigger role in electricity supply industries across Africa. Among the most prominent players, Saudi Arabia’s Acwa Power has been an early mover and Abu Dhabi-backed Infinity Power is now developing gigawatts of new capacity.

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