China’s energy investments in Africa are significantly shifting towards renewable sources, according to a report by the UK-based think tank ODI Global. Currently, 59% of China’s energy projects in Africa are solar and wind projects. China invested over US$66 billion in Africa between 2010 and 2024, positioning the continent as an emerging market for its renewable technology, particularly given China’s dominance in the production of solar panels.
African countries like Kenya, Mozambique, and South Africa have experienced significant renewable developments supported by China, driven by lower costs and growing energy demand. Despite a decline in lending volume since its 2016 peak, China remains a key financier of Africa’s clean energy transition, supported by lower trade barriers and strategic economic partnerships.
