UK to invest 100 million pounds in sub-Saharan Africa

The British government will provide £100 million ($127 million) for a scheme to help support renewable energy projects in sub-Saharan Africa. The government will invest the money in the Renewable Energy Performance Platform (REPP) which supports the development of renewable energy projects in sub-Saharan Africa. The funds will be used to provide finance to over 40 projects, capable of providing electricity for 2.4 million people a year. The British government has already provided £48 million to REPP for the development of renewable energy projects in the region. The funding is also part of Britain’s overall commitment to invest £5.8 billion in international climate finance by 2020.

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