Sub-Saharan Africa is suffering a huge energy deficiency which is stunting growth and hindering development
Sub-Saharan Africa’s Renewable Energy Potential
Adapted and condensed from Africa.com
By Kurt Davis Jr|Economics, VIDEO
An estimated 70 percent of people in Sub-Saharan Africa lives without reliable access to electricity. In Gabon and Nigeria, manufacturing struggles as electricity remains costly and inconsistent. Power outages, brownouts and outright power failures disable everyone in African communities. The rising costs of fuel are vastly disproportionate to increased incomes. Solutions for alternative energy must be adopted.
According to the International Energy Agency (IEA), sub-Saharan Africa will require more than $30 billion in investment to achieve universal electricity by 2030. Rural sub-Saharan Africa will require the vast amount of the funds, with more than 85 percent of those living in rural areas lacking access to reliable electricity.