Renewable Energy Development Impact on African Economies

This report investigates the impact of renewable energy development on economic growth in Sub-Saharan Africa, with a specific focus on Kenya. It examines the country's policies, particularly feed-in tariffs and the Energy Act, and their effects on increasing renewable energy usage and access. The study explores the governance of the energy sector, government incentives for renewable energy investment, and the correlation between renewable energy and economic growth. It also addresses the constraints hindering renewable energy development, such as financial, technical, and financing barriers. The report highlights Kenya's efforts to reduce energy poverty, increase electricity access, and foster economic growth through renewable energy sources like geothermal energy, while also acknowledging challenges like high initial costs and the need for collaborative approaches to investment. The literature review provides a comprehensive overview of the existing research on these topics, drawing on various sources like journals, articles and publications to understand the current state of renewable energy in Kenya.