A new Growth & Recovery video produced by Oxford Business Group in partnership with technical solutions provider JESA, has indicated that Africa’s fast pace of growth had heightened the need to bridge the significant gaps in power provision across the continent.
Titled “Powering Africa: Green Opportunities” and available in English and French, the video can be viewed at https://oxfordbusinessgroup.com/news/powering-africa-green-energy-opportunities-rapidly-growing-region
“Sub-Saharan Africa is one of the fastest-growing regions in the world, with a population projected to more than double, from 1.1bn in 2019 to around 2.5bn by 2050. Today, more than half of the region’s population has no access to power,” Marc-André de Blois, OBG’s Director of PR and Video Content commented.
He said that Africa was well placed to make renewables a key part of its future energy mix, boasting considerable potential across the solar, wind, hydro and geothermal segments. But focusing on sustainability would help the continent capitalise on its sources of renewable energy.
Meanwhile, Hicham Kabbaj, JESA’s Managing Director, said rapid population growth and the ongoing urbanisation underway across much of Africa had heightened the need to make new power infrastructure there a priority.
“The potential for developing green sources of power generation in the region is huge, as the solar and wind projects already established in both cities and rural communities show,” he said. “Moves to boost the role of renewables in the energy mix will also help with broader efforts to make new growth both sustainable and equitable at a time when investors are keen to seek out projects that have given weight to ESG principles.”
The Growth & Recovery video on Africa forms part of a series of tailored broadcasts that the global research and advisory company is currently producing with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific outlook articles and interviews.
