The CMP posits that the continent has to triple its electricity generation by 2040 if it is to realise these two imperatives. “The compounded annual growth rate (CAGR) for the 2000-2020 period in generation capacity expansion in Africa was about 5.2%. Unpacking Africa’s just energy transition“There was a steady increase in investments in generation capacity expansion in Africa since the late 1980s, becoming sharper since 2010. “In addition to the committed and candidate plants, new generation plants are needed to cover the gap that will be created by the decommissioning of ageing plants, which cannot be operated effectively and reliably. This increase of 13% for future capacity expansion is indicative of significant plans projected to ramp up generation capacity in Africa.

Source: The North Africa Journal June 23, 2023 11:18 UTC