Still Banking On Fossil Fuels

Africa stands at a crossroads in its development. There are two possible futures for the continent and its people. One where governments pursue the fossil-fuelled development pathway that the Global North followed. Or a different pathway where Africa leapfrogs fossil fuels toward a thriving economy built around energy sovereignty, industrialisation and protection of the natural environment.

This second path is currently uncharted.

To deliver a future free of fossil fuels, pollution and neocolonial dependencies, African institutions must be reformed to deliver a rapid and just energy transition on the continent.

This report will explore how the AfDB could be reformed to deliver a flourishing future for Africans. It also looks at how the bank could challenge dominant and carbon-intensive approaches to development.