PREPARING THE OIL, GAS AND ENERGY SECTORS FOR THE FUTURE SUSTAINABLE DEVELOPMENT OF SUB SAHARA AFRICA


…Success depends on governments addressing two distinct but related challenges.

First, Africa needs much more power generation to create the jobs and prosperity that its citizens have a right to expect.

First, Africa needs much more power generation to create the jobs and prosperity that its citizens have a right to expect.


"...Africa cannot develop in the dark."

"Very little business, education, healthcare or entertainment can be done without some form of power. Some 645 million people in Africa do not have access to electricity. Power must be at the top of everyone’s To Do list, because put quite simply: Africans are tired of being in the dark.
The Bank has committed to invest $12 billion over the next five years in Africa's power sector. We expect to leverage another $45 - $50 billion in co-financing for energy projects in Africa during the same period. And we must unlock Africa's tremendous renewable energy potential: sun, wind, geothermal and hydro power resources...."

PERSPECTIVES OPPORTUNITIES AND DYNAMICS

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