New report details progress made by power pools in Africa, and challenges ahead
26 April 2017
A new report, Updated Regional Power Status in Africa Power Pools, from the Infrastructure Consortium for Africa (ICA) has noted the progress made by Africa’s five regional power pools, and highlights the challenges ahead.
The new publication provides a comprehensive update to the report first prepared by the ICA in 2011, which provided an overview of the status of Africa’s power pools.
The new report includes analysis of updated data to detail the progress made in each of the power pools and identifies findings, trends, challenges and possible solutions for the respective regions of the pools, and the potential to build effective power markets in the regions.
While commending the progress made, the report urges African countries to:
- Continue to mobilise investments for intra-regional infrastructure, including the mobilisation of domestic resources such as pension funds and infrastructure bonds;
- Provide conducive legal and regulatory frameworks for private sector participation, including legally empowering the power pools to act on behalf of the Regional Economic Communities (RECs) and governments;
- Continue to strengthen the institutional capacity and skills of the power pools and directorates in charge of energy in the RECs, with a focus on enhancing the capacity and skills for structuring and negotiating power deals with the private sector; and
- Take necessary measures to enhance the role of the private sector.
The ICA will present its Updated Regional Power Status in Africa Power Pools Report to the Forum of African Power Pools, taking place in Johannesburg, South Africa, from 25 to 28 April 2017.