The move is part of Canada’s pledge of C$2.65bn ($1.95bn) to tackle climate change in developing countries over the next five years.
The funding will support G7 African Renewable Energy Initiative, which plans to generate 10GW of renewable energy by 2020 and 300GW by 2030.
Canada, along with G7 partners, will accelerate private sector investment in African renewable energy sector such as solar, hydro, and wind power.
About 645 million people in Africa do not have access to electricity. Improving access to affordable energy services will help in tackling challenges related to climate change.
Canada Minister of International Development and La Francophonie Marie-Claude Bibeau said: "Canada is committed to providing assistance to countries in Africa that have limited capacity to address climate change.
"We believe we need to work together through innovative partnerships and investments to really have an impact on addressing climate change."
The developing countries across the world have committed to jointly mobilize $100bn a year by 2020 to improve access to sustainable energy.
France, Britain, Germany, Italy, Japan, the US, Sweden, Netherlands and the European Union (EU) have also pledged to invest in the developing countries’ goal.
The partners would jointly invest $10bn to increase clean energy access in Africa during 2015 and 2020.
Image: The G7 African Renewable Energy Initiative is aimed at bringing 10GW of renewable energy to the continent by 2020. Photo: courtesy of dan / FreeDigitalPhotos.net.
