Africa is booming. I feel it every time I land in Nairobi, Accra and Lagos. Hotels are filled to the brim and the energy on the streets and boardrooms is tangible. The rest of the world is at long last starting to take note.
But the true potential of millions of Africans is still being stunted by the lack of access to reliable and affordable energy. More than 640 million people, two-thirds of the continent’s population, do not have access to electricity. The African Development Bank estimates that Africa’s power outages sap up to four per cent of its GDP growth from its economy every year.
This is crippling the continent’s economies and destabilising societies. Energy poverty has become a matter of national security. Europe must step up efforts to help Africa eradicate energy poverty before it irreversibly affects the ability of nations to fight poverty and save lives.
On average, global cities are growing by around two per cent a year. African cities are growing much faster – at approx eight per cent – as more of the continent’s population move to cities. Despite the challenges it creates, rapid urbanisation does not need to impede Africa’s progress. It can often translate into improved living standards and development levels. But in order for this to happen, Africa’s poor must have access to economic opportunity and stability – something that the continent’s leaders can deliver only if they ensure access to reliable energy supplies. As African countries attempt to eradicate extreme poverty, including energy poverty, demand for affordable energy will be critical. The provision of energy and the infrastructure used to transport supplies is key to African national security and stability.
Access to clean and fairly priced energy will improve lives in Africa. People will be able to work longer, women will be able to walk home at night under the safety of working streetlights and hospitals will be able to provide better care to patients. On the other side of the development spectrum, affordable and reliable energy supply will be crucial to emerging tech hubs such as Nairobi and Kigali. Without it, leaders will not be able to support the aspirations of young, talented Africans.
Read more at The Independent