Towards a prosperous and sustainable Africa

Maximising the socio-economic gains of Africa’s energy transition
Release Date:
15 February, 2022

Energy supply has long been recognised as a crucial catalyst to advance economic and social development goals globally. Economic activities typically require the availability of sufficient, affordable, and reliable energy. Public institutions also need an adequate supply of electricity to efficiently provide public services. Health, education, and other social services rely on electricity to improve social wellbeing. Overall, the functioning of a country’s economy and its social development is intricately related to its ability to supply reliable, sustainable, and affordable energy. Increasingly, the supply of energy is sought from sustainable and renewable energy sources aligned with climate objectives, and the long-term pursuit of decoupling growth from emissions.