Gulf investors likely to keep funding Africa renewable energy despite the Iran war

NAIROBI — Middle Eastern sovereign wealth funds and state-backed companies are likely to hold steady with their renewable energy investments in Africa despite disruptions from the Iran war, analysts say, because they have strong long-term economic and strategic potential. Investors who became wealthy from the Gulf region’s abundant oil and gas increasingly are turning to Africa’s clean energy sector, attracted by rising electricity demand, rapid urbanisation, and the continent’s growing role in global supply chains tied to critical minerals and manufacturing. Read more.