As capital for Africas electric vehicle EV and broader energy transition grows, investors are increasingly selective about which markets are able to absorb it.
This was highlighted during an African Solar Industry Association webinar held on April 1 when the African Infrastructure Investment Managers AIIM outlined its African Transition Acceleration Fund ATAF, a blended finance vehicle targeting early-stage energy transition projects.
While capital availability is increasing, investment is flowing towards markets that offer policy clarity, coordinated infrastructure and bankable business models, according to AIIM. South Africas fragmented EV rollout may limit its ability to meet these criteria.
