CAPE TOWN, SOUTH AFRICA (Commodity Online): The sub-Saharan African bio-fuels market will witness rapid growth in the next five years despite serious challenges to its development, according to an analysis by Frost & Sullivan.

The high targets set by the European Union and the United States for the inclusion of biofuels in their fuel supply are a key driver for biofuels projects in the region. In addition, intensified government support for the market has helped attract increased investment into production.

The analysis titled `Sub-Saharan African Biofuels Market’estimates that the market will earn revenues of $26.9 million in 2009 and projects this to reach $229.9 million in 2017.

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