While Africa is blessed with a vast and diverse wealth of energy resources, from vast oil and gas reserves to great potential for renewable energy sources, including solar and large hydropower projects, the continents’ energy wealth is unevenly distributed and mostly underdeveloped. Africa is still the least electrified continent – 2 out of 3 Africans lack access to electricity. To empower Africa access to reliable, clean and affordable energy is critical. Advancing regional integration through priority interconnection projects must be part of the way forward for the continent to realise its untapped potential. Among the most encouraging recent developments are number of innovative bottom-up off-grid solutions supported by mobile banking solutions.
- What are the priority back-bone projects on a 21st century energy roadmap for Africa?
- What is the role of mobile financing and micro leasing for empowerment of rural Africa?
- What are key barriers to finance and deliver energy infrastructure on a national and regional level, and how can they be overcome?