When befuddled
investors, bankers or economists seek more clarity on China’s often opaque
growth statistics they usually turn to electricity consumption, which is a good
proxy. This is because of the close link between economic activity, income
growth, wealth creation and electricity consumption.
investors, bankers or economists seek more clarity on China’s often opaque
growth statistics they usually turn to electricity consumption, which is a good
proxy. This is because of the close link between economic activity, income
growth, wealth creation and electricity consumption.
Simply put,
economic and population growth should translate into more electricity
consumption as there are more activity and transactions taking place throughout
the economy. In the case of Africa however this relationship is true, but
mostly in reverse as a lack of access to electricity for most people often acts
as a drag on growth. The reality today is that in Africa, power is
inaccessible, unaffordable, and unreliable for most people. “This traps people
in poverty – students find it difficult to read after dark, clinics cannot
refrigerate vaccines and businesses have shorter operating hours,” the World
Bank said in a recent energy in Africa report.
economic and population growth should translate into more electricity
consumption as there are more activity and transactions taking place throughout
the economy. In the case of Africa however this relationship is true, but
mostly in reverse as a lack of access to electricity for most people often acts
as a drag on growth. The reality today is that in Africa, power is
inaccessible, unaffordable, and unreliable for most people. “This traps people
in poverty – students find it difficult to read after dark, clinics cannot
refrigerate vaccines and businesses have shorter operating hours,” the World
Bank said in a recent energy in Africa report.
Twenty – five
African countries face an energy crisis today, according to the World Bank. However
this needs not be the case. The African continent is well endowed with energy
resources but most remain untapped. Solutions to this problem include: boosting
cross-border power trade, improving existing utility companies, improving
access to electricity on a large scale, while helping countries chart
low-carbon or renewable energy growth paths. Nigeria which has a growing
population of more than 179 million people generates only 4,600 megawatts (MW)
annually. That’s about eight times less than in South Africa, which has a third
of Nigeria’s population. Analysts estimate that 2 to 3 % GDP growth upside is
lost in Nigeria annually as a result of its inability to satisfy its huge
energy demand.
African countries face an energy crisis today, according to the World Bank. However
this needs not be the case. The African continent is well endowed with energy
resources but most remain untapped. Solutions to this problem include: boosting
cross-border power trade, improving existing utility companies, improving
access to electricity on a large scale, while helping countries chart
low-carbon or renewable energy growth paths. Nigeria which has a growing
population of more than 179 million people generates only 4,600 megawatts (MW)
annually. That’s about eight times less than in South Africa, which has a third
of Nigeria’s population. Analysts estimate that 2 to 3 % GDP growth upside is
lost in Nigeria annually as a result of its inability to satisfy its huge
energy demand.
The African
continent needs investment of $93 billion each year until 2020 to help fix
power shortages and other infrastructure bottlenecks, according to the African
Development Bank or AfDB. The World Bank meanwhile estimates that the 48
countries in sub-Saharan Africa, which have a combined population of about 800
million, generate almost the same amount of electricity as Spain, a nation of
47 million people. Tackling the African energy poverty problem will take stakeholders
engaging in outside the box thinking.
continent needs investment of $93 billion each year until 2020 to help fix
power shortages and other infrastructure bottlenecks, according to the African
Development Bank or AfDB. The World Bank meanwhile estimates that the 48
countries in sub-Saharan Africa, which have a combined population of about 800
million, generate almost the same amount of electricity as Spain, a nation of
47 million people. Tackling the African energy poverty problem will take stakeholders
engaging in outside the box thinking.
One such innovative
solution is the power Africa initiative led by the U.S. Government and partners
in Nigeria include Heirs Holding, UBA Capital, General Electric, Africa Finance
Corporation and the AfDB. It was launched by President Barack Obama in 2013 and
aims to increase electricity access in Africa by adding more than 30,000
megawatts of cleaner, more efficient electricity generation capacity and 60
million new home and business connections across sub-Saharan Africa. To date,
Power Africa has leveraged more than $20 billion in commitments from the
private sector for new on- and off-grid projects in sub-Saharan Africa. Other
solutions would be for African nations to embrace renewable energy and innovative
financing assistance for domestic Generating and Distribution companies.
solution is the power Africa initiative led by the U.S. Government and partners
in Nigeria include Heirs Holding, UBA Capital, General Electric, Africa Finance
Corporation and the AfDB. It was launched by President Barack Obama in 2013 and
aims to increase electricity access in Africa by adding more than 30,000
megawatts of cleaner, more efficient electricity generation capacity and 60
million new home and business connections across sub-Saharan Africa. To date,
Power Africa has leveraged more than $20 billion in commitments from the
private sector for new on- and off-grid projects in sub-Saharan Africa. Other
solutions would be for African nations to embrace renewable energy and innovative
financing assistance for domestic Generating and Distribution companies.
Financial
institutions in Africa also need technical assistance to help them appraise
credit requests from solar and other renewable companies, which they currently
lack. The share of non-fossil fuels as a percentage of global energy
consumption reached an all-time high of almost 14 %, according to data from the
most recent BP Statistical Review of World Energy report released on June,
2015.
institutions in Africa also need technical assistance to help them appraise
credit requests from solar and other renewable companies, which they currently
lack. The share of non-fossil fuels as a percentage of global energy
consumption reached an all-time high of almost 14 %, according to data from the
most recent BP Statistical Review of World Energy report released on June,
2015.
By Patrick Atuanya,
an economist with BusinessDay Media, Nigeria
an economist with BusinessDay Media, Nigeria
What are the prospects for tidal power plants in Africa? These power plants use the energy of a tide, which appears due to the Moon gravity https://solarstory.net/satellites/moon. If tides around Africa are powerful then it's worth considering.
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PLEASE READ!!Hello Guys! I am Ruth I live in Ohio USA I’m 37 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,500 daily. I got it from Him last week and now I have withdrawn about $15,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano’s email address is adrianohackers01@gmail.com
PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com
PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com
PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com
PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com
"DO YOU KNOW THAT YOU CAN HACK AN ATM MACHINE WITH PROGRAMMED BLANK ATM CARD?? This card is an ATM cards that can be used to hack into any ATM machine. Withdraw as much cash as you want!! We sell this cards to buyers worldwide. We also make credit cards too! Here is our list for ATM cards:
$10————-$10,000
$10 ————$20,000
$10 ————$30,000
$10 ————$40,000
Those cards are programed to withdraw for 3 months before you can renew it, if you want to get your own card Contact us on Email: adrianohackers01@gmail.com"
PLEASE READ!!Hello Guys!!! I am Ruth I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com
PLEASE READ!!Hello Guys!!! I am Ruth I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com
POR FAVOR LEA !! Hola chicos !!! Soy Caro, vivo en Ohio, EE. UU. Tengo 32 años, estoy muy feliz de haber recibido mi tarjeta de cajero automático en blanco de Adriano. Mi tarjeta de cajero automático en blanco puede retirar $ 4,000 por día. Lo obtuve de Él la semana pasada y ahora he retirado alrededor de $ 10,000 gratis. El cajero automático en blanco retira dinero de cualquier cajero automático y no tiene nombre porque está en blanco, solo su PIN estará en él, no se puede rastrear y ahora tengo dinero para negocios, compras y suficiente dinero para mí y mi familia. vivo. Estoy muy contento y feliz de haber conocido a Adriano porque conocí a cinco personas antes que él y no pudieron ayudarme. Pero estoy feliz ahora que Adriano envió la tarjeta a través de DHL y la recibí en dos días. Obtenga su propia tarjeta de él en este momento, la está dando por una pequeña tarifa para ayudar a las personas, incluso si es ilegal, pero ayuda mucho y nadie es atrapado o rastreado. Estoy feliz y agradecido con Adriano porque cambió mi historia de repente. La tarjeta funciona en todos los países. Es una buena noticia. La dirección de correo electrónico de Adriano es adrianohackers01@gmail.com
PLEASE READ!!Hello Guys!!! I am Tracy I live in Florida USA I’m 35 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com