The International Energy Agency’s study published on Friday said African countries will need to quadruple their investment in the electricity sector in the next 20 years.
According to the IEA report, African countries need to invest $ 120 billion annually to prevent future power outages.
The agency said that the African economy could be quadrupled by 2040 by making use of technological advances and optimizing natural resources.
Research results show that around 600 million people (half of Africans) are currently unable to access electricity.
CENTER FOR AFRICAN STUDIES
Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.
AFRICA OBSERVATORY
Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.
