Date: 11 - 12 November 2021
Location: Virtual
Description: Africa has the lowest access to electricity in the world. Yet, it has some of the fastest-growing economies, the youngest and growing customer base, the highest migration from rural to urban centers, the fastest-growing middle-class with increasing demand for electronic devices and appliances, precipitating a significant need for more electricity supply. In Sub-Saharan Africa, electricity access stands at 26%, with the rural access rate at only 8%, and 85% of the population relying on biomass for energy. The high reliance on biomass for energy causes deforestation and an adverse impacton
Even more significant, the electricity for power generation is staggering. For example, solar and wind can generate over 10 Terra Watts and 15 Giga Watts, respectively, not to mention Geothermal and hydroelectric power. A significant contributor to Africa's untapped energy resources is the gap between global investors and energy project developers. Investors worldwide face substantial difficulties accessing credible energy projects in Africa. In contrast, the energy project developers in Africa do not know how to connect with these investors, causing a massive gap in the investment flow.
This year's conference under the theme "Unlocking Africa's Energy Investments' Potential" seeks to bridge this gap by focusing on how sponsors/project developers can develop fundable projects and attract investors to the African energy sectors.
