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Powering Africa: Africa’s Path to Universal Electricity Access

  • Energy experts warn that the shortages that plague Africa’s electricity access in 2024 will have a significant drain on the continent’s economic growth.
  • World Bank will connect 300 million Africans to electricity with a $35 billion plan.
  • Africa is poised to adapt to transformative advancements that will reshape the landscape of energy access, storage, and connectivity across the continent.

Africa remains the most energy-deficient continent, with approximately 75 per Cent of its population lacking access to Electricity. As of 2021, 43 per cent of Africans, roughly 600 million people, were without electricity access, with 590 million in sub-Saharan Africa. Consequently, nearly half of the continent’s population is unable to use basic electrical appliances.

Despite improvements in electricity access in sub-Saharan Africa, where 49.4 per cent of the population had access in 2022, up from 33 per cent in 2010, electricity consumption has not seen a corresponding increase. The persistent lack …

The post Powering Africa: Africa’s Path to Universal Electricity Access appeared first on The Exchange.



This post first appeared on The Exchange: Business News Today | Investment News Africa, please read the originial post: here

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