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Powering Africa: Meeting the financing and reform challenges

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  • Eberhard, Anton
  • Shkaratan, Maria

Abstract

Sub-Saharan Africa faces chronic power problems, including insufficient generation capacity, low connectivity, poor reliability, and high costs, all of which constrain development. The investment requirements to meet Africa's power needs are noted and strategies to address the funding gap are set out. The time for an ideological debate on public versus private investment is over—both are needed. Africa's key challenges are the management of hybrid power markets, the reform of state-owned utilities, cost-reflective pricing, better targeting of subsidies, the nimbler rollout of electrification, and stronger regional integration.

Suggested Citation

  • Eberhard, Anton & Shkaratan, Maria, 2012. "Powering Africa: Meeting the financing and reform challenges," Energy Policy, Elsevier, vol. 42(C), pages 9-18.
    • Handle: RePEc:eee:enepol:v:42:y:2012:i:c:p:9-18
    DOI: 10.1016/j.enpol.2011.10.033
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    References listed on IDEAS

    as
    1. World Bank, 2007. "Tools for Institutional, Political, and Social Analysis of Policy Reform : A Sourcebook for Development Practitioners," World Bank Publications - Books, The World Bank Group, number 6652, December.
    2. Anton Eberhard, 2007. "Matching Regulatory Design to Country Circumstances : The Potential of Hybrid and Transitional Models," World Bank Publications - Reports 10688, The World Bank Group.
    3. Banerjee, Sudeshna & Wodon, Quentin & Diallo, Amadou & Pushak, Taras & Uddin, Elal & Tsimpo, Clarence & Foster, Vivien, 2008. "Access, affordability, and alternatives: Modern infrastructure services in Africa," MPRA Paper 27740, University Library of Munich, Germany.
    4. Reinikka, Ritva & Svensson, Jakob, 1999. "Confronting competition - investment response and constraints in Uganda," Policy Research Working Paper Series 2242, The World Bank.
    5. Anton Eberhard & Orvika Rosnes & Maria Shkaratan & Haakon Vennemo, 2011. "Africa's Power Infrastructure : Investment, Integration, Efficiency," World Bank Publications - Books, The World Bank Group, number 2290, December.
    6. Gratwick, Katharine Nawaal & Eberhard, Anton, 2008. "Demise of the standard model for power sector reform and the emergence of hybrid power markets," Energy Policy, Elsevier, vol. 36(10), pages 3948-3960, October.
    7. Verena Fritz & Kai Kaiser & Brian Levy, 2009. "Problem-Driven Governance and Political Economy Analysis : Good Practice Framework," World Bank Publications - Reports 16777, The World Bank Group.
    8. Katharine Nawaal Gratwick & Anton Eberhard, 2008. "An Analysis of Independent Power Projects in Africa: Understanding Development and Investment Outcomes," Development Policy Review, Overseas Development Institute, vol. 26(3), pages 309-338, May.
    9. Anton Eberhard & Vivien Foster & Cecilia Briceño-Garmendia & Fatimata Ouedraogo & Daniel Camos & Maria Shkaratan, 2008. "Underpowered : The State of the Power Sector in Sub-Saharan Africa," World Bank Publications - Reports 7833, The World Bank Group.
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    Keywords

    Africa; Electricity; Finance;
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