CoAct Database
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 | |
| 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 |