Publication date: December 2024
Authors: Energy 4 Impact, Mercy Corps
Koo, Bryan Bonsuk
Description: The push for universal energy access in Africa requires significant energy project financing, estimated at approximately $25 billion annually by 2030 to achieve modern energy access for all. Sierra Leone is no exception, with only 26% electrification, mainly in urban areas and peri-urban areas1. The private sector is pivotal if the country is to achieve 85% renewable energy capacity by 2030, with the urban population growth averaging 3.36% annually between 2010 and 2023 and increasing the population by over 1.3 million.
