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Sub-Saharan Africa

An Inconvenient Truth: Electricity Availability in Africa

By Bertrand Heysch de la Borde, Manager, Infrastructure Africa, International Finance Corporation, (Dakar) and Yasser Charafi, Investment Officer, Infrastructure Africa, International Finance Corporation (Dakar).

Raising sub-Saharan Africa’s electricity availability per person to the level of lower middle-income countries would potentially cost an unaffordable USD 400 billion. Private capital could help contribute to expanding the region’s generation capacity cost-efficiently and rapidly. The African governments can do a lot to create a climate favorable to these private investments. One of the main measures to be taken is to strengthen their electrical sector. Charging the real price of electricity is a first step to achieve this goal.

Read the full article HERE.

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