Publication date: September 2021
Author: AERC
Description: Access to electricity leads to overall economic growth through improved agricultural and firm productivity, public service delivery, and enhanced household investment in human capital, net income, and general quality of life. Yet more than 540 million people in Africa still lack electricity today, and many more suffer from unreliable power supply. The considerable untapped renewable energy potential, and the associated rapid reductions in cost, make sustainable and decentralized electricity service a promising option for the continent, for transforming these deficits into opportunities.