1、How Swedish companies can capture opportunities inAfricas green transition and accelerate changeAFRICAS NEW GREEN HORIZONEXECUTIVE GLOBAL INSIGHT SEPTEMBER 2024BUSINESS SWEDEN|AFRICAS NEW GREEN HORIZON|2EXECUTIVE SUMMARYTHE ROLE OF SWEDISH EXPERTISE IN AFRICAS GREEN TRANSITIONThe global green transi

2、tion is a race against the clock,and Africa is at the frontline of the chal-lenge to avert the worst effects of climate change.The shift to sustainable practices is not only urgent but an existential matter as the average temperature is projected to increase by 1.5 to 2.5C.Rising temperatures,changi

3、ng rainfall pat-terns,and extreme weather events have far-reach-ing consequences for the continent,including reduced agricultural productivity,water scarcity,and displacement of communities.Africas popu-lation is projected to reach 2.5 billion people,fur-ther exacerbating these trends.Countries are

4、taking steps to address climate change and meet their international commitments under the Paris Agreement in several sectors such as healthcare and energy.By aligning with their Nationally Determined Contributions(NDCs),African countries can unlock opportunities for sustainable development and econo

5、mic growth.This report explores the impacts of climate change,population growth and rapid urbanisation in Africa and the need for sustainable solutions cre-ating opportunities for growth and collaboration.With an ecosystem of innovative climate tech start-ups and legacy companies at the forefront of

6、 sus-tainability,Sweden is well-positioned to contribute to global decarbonisation efforts.Swedish compa-nies can contribute with cutting edge expertise and technologies in areas such as renewable energy,sus-tainable transport,mining practices,and circular economy principles,aligning with African co