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Pegasus believes emerging markets, where (as of 2025) electricity demand is expected to grow by 70% by 2050, driven by rising living standards, represents the next frontier of both climate impact and investor returns.

Access to clean, renewable energy remains one of Africa’s biggest challenges, amid reports that up to 600 million people still lack access to reliable electricity. Yet, Africa has significant potential for renewable energy that can help the continent transition from unclean energy sources like biomass to renewable energy. This transition could shape Africa’s future development, regional stability, and progress amid climate change.