Kept presents the results of our study on the energy sector in Eastern and Southern Africa.
According to expert estimates, up to 25% of the world's population will live in Africa by 2060, while the vast majority of countries in Africa are already facing significant electricity, environmental and climate challenges. These include existing energy poverty, low levels of electrification, leading to low income and critical dependence on wood and charcoal, resulting to widespread forest destruction and environmental degradation in the region. The development of the electricity sector can solve a wide range of problems on the African continent, while also contributing to the achievement of the United Nations Sustainable Development Goals.
As part of our study, we examined the opportunities and consequences of various approaches to building power systems in Africa both on the basis of an inclusive energy mix – fossil fuel, nuclear and renewable energy generation – and exclusively on the basis of renewable energy sources.
Our professionals assessed changes in the electricity consumption, energy poverty, carbon footprint depending on the forecasted energy mix until 2060, and developed a number of proposals to improve energy planning processes and adjust related financing and ESG policies.
We hope that this report's conclusions will be useful for negotiations between regulators and businesses, both domestically and internationally.
The full version of the report is available here.
Power & Utilities
03 August 2023