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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

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    1. 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.
    2. Anton Eberhard, 2007. "Matching Regulatory Design to Country Circumstances : The Potential of Hybrid and Transitional Models," World Bank Other Operational Studies 10688, The World Bank.
    3. Sudeshna Banerjee & Quentin Wodon & Amadou Diallo & Taras Pushak & Helal Uddin & Clarence Tsimpo & Vivien Foster, 2008. "Access, Affordability, and Alternatives : Modern Infrastructure Services in Africa," World Bank Other Operational Studies 12558, The World Bank.
    4. Verena Fritz & Kai Kaiser & Brian Levy, 2009. "Problem-Driven Governance and Political Economy Analysis : Good Practice Framework," World Bank Other Operational Studies 16777, The World Bank.
    5. 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.
    6. Anton Eberhard & Orvika Rosnes & Maria Shkaratan & Haakon Vennemo, 2011. "Africa's Power Infrastructure : Investment, Integration, Efficiency," World Bank Publications, The World Bank, number 2290.
    7. 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 Other Operational Studies 7833, The World Bank.
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    Cited by:

    1. Saule Baurzhan & Glenn P. Jenkins, 2017. "On-Grid Solar PV versus Diesel Electricity Generation in Sub-Saharan Africa: Economics and GHG Emissions," Sustainability, MDPI, Open Access Journal, vol. 9(3), pages 1-15, March.
    2. repec:eee:juipol:v:48:y:2017:i:c:p:51-68 is not listed on IDEAS
    3. repec:eee:enepol:v:108:y:2017:i:c:p:390-424 is not listed on IDEAS
    4. Collier, Paul & Venables, Anthony J., 2012. "Greening Africa? Technologies, endowments and the latecomer effect," Energy Economics, Elsevier, vol. 34(S1), pages S75-S84.

    More about this item

    Keywords

    Africa; Electricity; Finance;

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