Africa

Details

  • Industry: Energy & Natural Resources, Oil & Gas
  • Type: Business and industry issue
  • Date: 7/10/2014

Power in Africa 

Africa’s largest economies produce significantly more energy than other African peers. Also, the oil-producing nations record substantial energy surpluses, but similar to other African countries with energy surpluses, a substantial amount of energy is exported without domestic demand being widely satisfied.
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Rising fuel and electricity prices also continue to impact Africa’s manufacturing sector adversely. In most parts of West and East Africa, backup power systems (diesel-powered generators) are used by manufacturing companies as their main energy source. The reliance on higher-priced electricity for production processes inhibits African manufacturing companies from competing effectively with Asian and developed world counterparts.

 

KPMG’s recent 2014 Power Africa sector report explores the current state of Africa’s Power sector.

 

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