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Africa's clean energy projects face financing barrier from credit rating rules

ABC News· ·4 min read · 0 reactions · 0 comments · 34 views
 Africa's clean energy projects face financing barrier from credit rating rules
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? Nearly 600 million people across Africa still lack access to electricity, according to the International Energy Agency.“The financing environment is the problem,” said Dr John Asafu-Adjaye, a senior fellow at the African Center for Economic Transformation. “A project with strong fundamentals, a long-term power purchase agreement and predictable cash flow ends up being priced as if it were inherently dangerous.

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ABC News — International files mainly under world. We currently carry 404 of its stories.

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Original publisherABC News — International
Canonical URLhttps://abcnews.com/International/wireStory/africas-clean-energy-projects-face-financing-barrier-credit-133951195
Publication timeWed, 17 Jun 2026 02:14:32 -0400
Retrieval time2026-06-17T06:50:08.693Z
Last seen2026-06-17T06:50:08.693Z
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Opening excerpt (first ~120 words) tap to expand

ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onAfrica's clean energy projects face financing barrier from credit rating rulesBillions pledged for Africa’s clean energy transition are failing to translate into projects on the ground as high financing costs deter investorsByALLAN OLINGO Associated PressJune 17, 2026, 1:46 AM2:37FILE - A shepherd watches livestock near Khi Solar One, a solar thermal plant that converts the sun's light energy into electricity, outside Upington, South Africa, in the Northern Cape province, Aug. 29, 2025.

Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News — International.

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