Africa risks losing the industrialisation race unless it urgently reduces the cost of electricity and ensures reliable power for businesses, the Africa Centre for Energy Policy (ACEP) has warned. The centre said affordable and dependable electricity was critical to making African industries competitive and driving economic transformation across the continent. Click to continue reading You … The…
The Africa Centre for Energy Policy (ACEP) has cautioned that Africa may fall behind in industrialisation efforts if it fails to significantly lower the cost of electricity and guarantee a stable power supply for businesses. According to ACEP, reliable and affordable electricity is essential for making African industries competitive and fostering economic transformation across the continent. The warning comes as the importance of energy access becomes increasingly critical in the global race for industrialisation.
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