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A webinar organised by The Power & Electricity World Africa, entitled “Achieving Energy Security: Encouraging Healthy Competition And Regulation For IPPs”, took place on the morning of July 14th, 2020.

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The attending virtual panel consisted of:

  • Dr. Clinton Carter-Brown, Energy Centre Head, CSIR, South Africa – Moderator
  • Vitor Marquez da Cruz, Managing Director, MC&A Advogados
  • Eng. Julius Riungu, CEO, Tsavo Power, Kenya

The topic of African Energy security and the challenges ahead was debated in a little over an hour, with very insightful contributions from all parties involved being brought to the forefront.

The imbalance of supply and demand for electricity in Africa curbs its potential for economic development. IPPs (Independent Power Producers), though, align very well with the national energy security agenda and are a definite solution to meeting Africa’s growing electricity needs.

Africa currently accounts for …

Africa is now more connected, technologically savvy, and focused on enhancing its economic systems compared to 30 years ago. The narrative has changed, from civil unrest and extreme donor-dependent economies, to those with record-high tax collections such as in Tanzania, and information communications and technology (ICT) transformation ones such as Rwanda, Kenya and South Africa. The African GDP has grown to over $2 trillion from about $587 billion in 2000.

Despite the youngest continent’s nations being driven by agriculture—which has also sustained major development, in terms of technology input, funding and research and development, still the continent’s manufacturing industry holds vital potential to stimulate the economy and offer decent livelihood to its vast young human capital, who number over 226 million and who are expected to increase by 42 per cent by 2030 according to the United Nations (UN).

According to Brookings—an American think tank, the future of the manufacturing …