South Africa leads Africa’s renewable energy transition, report shows

South Africa continues to lead Africa’s renewable energy transition, offering a growing range of investable opportunities in wind, solar, biofuels and green hydrogen, according to the latest Forvis Mazars ‘Powering Africa’s Future Energy’ report. The report highlights that South Africa generated more than 50 TWh from renewable sources in 2024, including hydroelectric at 10.1 TWh, solar at 8 TWh, wind at 9 TWh and other renewables rounding out the remaining 27.1 TWh, positioning the country as the continent’s top producer.