The new AFRICAN Development Bank (AfDB) President Akinwumi Adesina was recently quoted saying he intends to eliminate Africa’s energy deficit by the year 2025. Adesina plans to achieve this by investing about $55 billion in the energy sector across Africa.
The proposed investment in Energy by AfDB, dubbed ‘New Deal for Energy in Africa,’ is said will significantly scale up energy supply in the continent. The proposal also calls upon the African governments to increase financing to the energy sector development.
Perhaps by reading this you might not the gravity of energy supply shortage in Africa. Well, Mail & Guardian Africa has compiled 20 stats benchmarking the state of energy supply and consumption in Africa with other countries.
TWO in every three people in Africa, around 621 million in total, have no access to electricity. In the Democratic Republic of Congo, Liberia, Malawi and Sierra Leone, fewer that one in 10 people have access to electricity.
Ethiopia, with a population of 94 million, consumes one-third of the electricity supplied to the 600,000 residents of Washington D.C. Greater London consumes more electricity than any country in Africa other than South …read more