The African continent with a population exceeding one billion people and an estimated combined economy of US$1.5 trillion, 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 forty percent 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 Europe.
Click below to access the article: