Africa Green Investment Initiative

Launched by the United Arab Emirates at the Africa Climate Summit in 2023, the Africa Green Investment Initiative (AGII) is a flagship platform to accelerate clean energy and green industrialization across the continent. With a UAE commitment of USD 4.5 billion, AGII aims to deliver 15 GW of new clean power by 2030, mobilizing investment into transformative projects. The initiative brings together leading partners including Masdar, AMEA Power, the Abu Dhabi Fund for Development (ADFD), Etihad Credit Insurance (ECI), and Africa50, with the Global Climate Finance Centre (GCFC) serving as its Secretariat.

Activity period 2023–present
Last CoAct update 2026
Web URL https://www.cop28.com/en/african-green-investment
Output effectiveness
0.89
Accountability Index
0.17
Inclusiveness Index
0.41
Capacity Index
0.31
Num. actors 5
Functions Technical implementation, Institutional capacity building, Funding
SDGs 7 8 9 12 13 17
Themes energy, industry
Policy focus Mainly mitigation
Sectors Electricity, gas, steam and air conditioning supply, Financial and insurance activities
Implementation countries Angola, Chad, Congo (the Democratic Republic of the), Congo (the), Côte d'Ivoire, Djibouti, Egypt, Ethiopia, Ghana, Kenya, Mali, Mauritania, Morocco, Mozambique, Senegal, South Africa, Togo, Tunisia, Uganda, Zambia, Zimbabwe
Target Target type
15 GW of renewable energy capacity by 2030 Renewable energy target

GST linkages