According to the International Energy Agency (IEA), almost one billion Africans will gain access to electricity by 2040
In its first Africa Energy Outlook, the IEA said grid-linked power generation was set to quadruple between 2020 and 2040, but noted that was from a low base of 90 gigawatts (GW) today.
“Reform programmes are starting to improve efficiency and to bring in new capital, including from private investors,” it said.
“The total number without access starts to decline in the 2020s and 950 million people gain access to electricity by 2040 – a major step forward, but not enough,” the report said.
“What we see now is that $2 out of every $3 being used in sub-Saharan Africa is used for export,” van der Hoeven said, referring to investment in the continent.
“More than half a billion people, mainly in rural areas, remain without electricity in 2040,” the report said.
However, even if Africa does expand power generation in line with the IEA’s 2040 scenario, large pockets of energy poverty would persist.