Tag Archives | power sector
It is our pleasure to introduce to you the 2nd edition of the Sub-Saharan Africa Power Outlook, which has been prepared by our Infrastructure & Major Projects Group. The high growth of Sub-Saharan countries and the current developments in the power sector provide a broad range of new topics since the first edition of this report was launched in 2011.
With daily blackouts and crumbling power infrastructure that has until recently seen little or no investment in over three decades, Nigeria has been christened the Generator Republic. Most households and virtually all serious businesses have resorted to self – help, investing heavily in generators and other back-up power systems to meet their daily electricity needs.
The IMF’s World Economic Outlook 2013 and the World Bank’s latest “Africa’s Pulse” (a twice-yearly analysis of the issues shaping Africa’s economic prospects) provide the following insights on African economic performance and the outlook for 2014 …