Gulf investors seen likely to keep funding Africa renewable energy despite the Iran war
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NAIROBI, Kenya (AP) — Middle Eastern sovereign wealth funds and state-backed companies are unlikely to scale back renewable energy investments in Africa despite disruptions from the Iran war, analysts say, given the strong long-term economic and strategic reasons driving such funding. Investors made wealthy by the Gulf region’s abundant oil and gas increasingly are turning to Africa’s clean energy sector, attracted by rising electricity demand, rapid urbanization and the continent’s growing
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