UAE launches Etihad 7 program to finance energy projects in Africa

    The Ministry of Foreign Affairs and International Cooperation in the United Arab Emirates launched the Union 7 initiative

    The initiative comes within the activities of Abu Dhabi Sustainability Week 2022

    The initiative promotes all of the UN Sustainable Development Goals for Africa

    The program seeks to secure financing for renewable energy projects in the African continent

    The program aims to provide clean electricity to 100 million people by 2035

    Funding is based on raising funds from the public and private sectors

    The cooperative program recognizes and adapts to the needs and requirements of partner countries

    The program aims to find solutions to the main challenges that hinder clean energy

    The initiative will be a focal point on the global sustainability agenda over the next decade

    It will help meet growing energy needs without increasing greenhouse gases

    The initiative is in line with the UAE’s foreign policy and development goals

    The country has concluded a number of agreements with partners in sub-Saharan countries to build a prosperous continent

    It will harness its expertise in renewable energy to promote economic and human development in Africa.

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