The African continent, with a population exceeding one billion
people and an estimated combined economy of USD1.5
trillion1, presents huge opportunities for investors,
developers and operators across the renewable energy sector.
Renewable energy is already giving millions of people in Africa
access to electricity for the first time. However, across the
continent over 640 million Africans still have no access to
electricity. This equates to approximately 40% of the population
having access to electricity. Per capita consumption of electricity
in sub-Saharan Africa (excluding South Africa) is 180 kWh, compared
to 13,000 kWh per capita in the United States and 6,500 kWh in
Europe2.