There is a very strong and growing market demand for electricity
in Sub-Saharan Africa.
The recent Africa Energy Forum (AEF) and Growing Economies Energy Forum (GEEF) events
in London featured a number of energy ministers from growing
economies around the world, plus approximately 250 speakers and
2,000 delegates from 82 countries. They discussed current dynamics
and new opportunities for investment into the energy sectors of
emerging markets.
Most African energy issues were well represented at the AEF.
There is a strong and growing market demand for electricity in
Sub-Saharan Africa (SSA). SSA energy use is up by 45% since 2000.
The majority of SSA countries are experiencing power outages, and
two-thirds of households (ie. around 600m people) have no
electricity. Encouragingly in terms of resources, since 2009, 30%
of the world's oil and gas discoveries were made in SSA.
