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🔗 Source: energyforgrowth.org
📊 Size: 148 KB
📄 Pages: 3 pages
⬇️ Downloads: 128

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The availability and reliability of electricity services is crucial for economic development in Africa, where 78% of firms experienced power outages in the last year and 41% identified electricity as a major constraint to their business operation. The economic cost is enormous, with African firms losing around 5% of their total annual sales to electrical outages, and indirect costs ranging from $2 to $32 per kWh. To address this, countries should rewrite regulations to allow vulnerable firms to partner with electricity suppliers for preferential supply, and utilities should engage with large customers to develop specific solutions. In the long-term, governments must set higher tariffs to allow for true cost-recovery and incentivize private sector participation, and target the expansion and upgrade of critical grid infrastructure.

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The availability and reliability of electricity services is crucial for economic development in Africa, where 78% of firms experienced power outages in the...

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  • File Format: PDF
  • File Size: 148 KB
  • Pages: 3
  • Language: EN
  • Total Downloads: 128
  • Last Updated: 1 month ago

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