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Private Investment in Renewable Energy Sector in Africa: An Economic Analysis

Author

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  • Mahrous, Walaa

Abstract

African countries still lack a huge amount of energy that is necessary to increase economic growth, alleviate poverty, and sustain economic development (energy insecurity). Public investment in energy sector is still limited to supply household and private sector with their energy needs. Only private investment in renewable energy can play a major role in filling this gap. By applying SWOT analysis, this study illustrates the major threats and weaknesses (challenges) faced by the private investment in renewable energy sector in Africa vis-à-vis the main opportunities and strengths (benefits) these investments can get. Finally, it ends with some suggested solutions that can help at improving conditions of this vital sector and attracting more private investments to it.

Suggested Citation

  • Mahrous, Walaa, 2016. "Private Investment in Renewable Energy Sector in Africa: An Economic Analysis," MPRA Paper 79271, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:79271
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    File URL: https://mpra.ub.uni-muenchen.de/79271/1/MPRA_paper_79271.pdf
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    References listed on IDEAS

    as
    1. Clive Harris & Kumar V. Pratap, 2009. "What Drives Private Sector Exit from Infrastructure? Economic Crises and Other Factors in the Cancellation of Private Infrastructure Projects in Developing Countries," World Bank Publications - Reports 10569, The World Bank Group.
    2. Kate Bayliss & Terry McKinley, 2007. "Privatising Basic Utilities in Sub-Saharan Africa: The MDG Impact," Policy Research Brief 3, International Policy Centre for Inclusive Growth.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Private Investment; Renewable Energy; SWOT Analysis.;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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