African countries need to invest an estimated $2.8tn in a clean energy mix and reduce its current annual carbon dioxide emissions in order to achieve net zero by 2050, PwC has said in a new report.
It said, “For those who can’t transition, it will however be a significant disrupter, with the risk of major stranded assets across the globe. According to the report, Africa still has significant untapped fossil fuel reserves, which could provide much-needed foreign direct investment and export revenue.
It’s not Nigeria that needs it , it’s the govt.
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