7 September 2015 - Africa’s power sector struggles under low access and insufficient capacity. Only 35 percent of the population of Sub-Sahara Africa, including South Africa, has access to electricity while more than 90 percent of the populations of Burundi, Chad, Liberia, Malawi, and South Sudan lack access to a power grid. Most African countries, except South Africa, face severe power generation capacity deficits even compared to international peers of similar economic size.
Sub-Sahara Africa is distinguished by its reliance on renewable power sources. About 70 percent of Sub-Sahara Africa's energy comes from renewables, particularly hydroelectric sources, according to the World Bank. As a result, the renewables sector has encouraged robust foreign investment. For example, nearly three quarters of the total $41.6 billion energy-sector investment from China during the period 2005-2014 targeted hydropower.
Even with the investment appeal of nonfossil fuel power generation, total investment into Africa’s energy sector falls well short of the required level to enable faster growth. The slow pace of infrastructure development leads the US Energy Information Administration to project that total energy consumption in Africa will increase by only 24 percent during the next ten years. In addition, investment in Africa’s energy sector is often “bring-your-own-infrastructure” in nature, forcing companies to build their own power stations for other enterprise projects and lacking a national-level oversight to ensure targeted build-out and connectivity. Without such strategic oversight, impoverished populations are seldom able to provide enough demand to ensure self-sufficiency of new power stations to attract investment.
Now in its fifth edition, the Mozambique Gas Summit & Exhibition is recognized as the leading strategic meeting for Mozambique’s Gas industry. Working in partnership with ENH, and with the unrivaled support of MIREME, INP and CMH the event is a unique platform where Government representatives meet with industry stakeholders to drive forward the exciting hydrocarbons sector in the country. The event addresses the entire gas and LNG value chain, starting with a dedicated National Content Day, followed by two days of strategic panel discussions and an international exhibition running alongside it, showcasing services and technologies. In...
This October will see the 6th Powering Africa: Nigeria investors summit take place in Abuja, where your commercial objectives are put at the heart of the agenda. We will also analyse the progress Nigeria’s power sector has achieved in the last 12 months. We warmly invite you to join us in October and would like you to let us know how your business has developed in the last year. We will be delighted for you to share your story with other participants too. Date of Event: 4-6 October 2017 Location: Abuja, Nigeria