It is widely acknowledged that, following the Arab Spring, the
need for infrastructure investment in North Africa is of paramount
importance, with commentators earmarking the power and renewable
energy sectors as key growth areas. The main hurdle new governments
in this region will have to overcome is defining what is
economically achievable in light of the infrastructure
redevelopment needs in such countries, especially where political
risk is a concern for international companies and financial
institutions considering investing in North Africa.
Acknowledging the well documented challenges which North Africa
faces, how are other countries in Africa, in particular those
situated in East Africa, faring in the current climate? In energy
terms, East Africa has historically been viewed as somewhat
insignificant, although recent discoveries of oil in Kenya and gas
fields offshore Tanzania and Mozambique mean this label is no
longer applicable. While there are a number of