Improving Governance in Africa slide image

Improving Governance in Africa

Light up and power Africa Energy in Africa, Over 640 million Africans lack access to electricity a grey picture Per capita use of electricity Africa Europe USA 613 kWh 6,500 kWh 13,000 kWh Insufficient energy access Hydropower provides about a fifth of current capacity but not even a tenth of its total potential is harnessed Our ambition To provide universal energy access by 2025 162 GW electricity generation 130 million on-grid connections 75 million off-grid connections 150 million households with access to clean cooking solutions Power shortages estimated to cost 2% GDP annually, undermining economic growth, employment creation and investment Causes hundreds of thousands of deaths annually through the use of wood- burning stoves Undermines hospital and emergency services operations Compromises educational attainment Drives up cost of doing business due to the use of generators Africa's poorest pay 60 80 times more per unit in northern Nigeria than residents of New York and London AfDB to invest USD 12 billion and leverage about USD 50 billion over 5 years Partnership-driven effort Work with partners to develop a framework that takes into account different energy sources, geographic conditions, regulation and pricing, technologies and distribution mechanisms 9
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