12 May 2020
Africa is a continent thirsting for power. A study by McKinsey & Co. estimated that demand for electricity in Sub-Saharan Africa will jump four-fold between 2010 and 2040, representing average growth of 4.5 percent per annum.
In order to realize its full energy potential, Africa will require about $490 billion of capital for power generation and another $345 billion for transmission and distribution.
This document captures key elements of the discussion on Doing Business in Africa held at the Waldorf Astoria in Dubai on November 26, 2019, including bankability of the power projects, mitigating offtaker and political risks and structuring the right blend of financing.