AFRICA ENERGY

Energy in Africa is big business. The source of vast amounts of energy resources and often times similar amounts of political turmoil, Africa is home to one billion potential consumers whose growing demand for energy is greater than anywhere else in the world.

Despite Africa's wealth of resources, growth is hampered by inaccessible, unreliable, or unaffordable energy. However, Africa has unrealized potential as a pioneer in the new global energy economy. Skyrocketing demand and relatively little legacy energy infrastructure make Africa ripe for the expansion and development of green energy like wind and solar. Historically low emissions give most African nations surprising leverage when it comes to global carbon markets, which remain a largely untapped source of capital for developing new energy projects on the continent.

What is the future of energy in Africa? Will weak governments and political turmoil undermine the potential opportunities that Africa has to develop a green energy infrastructure? Can Africa take advantage of the global shift in energy production to leapfrog aging carbon-based energy technologies as it struggles to expand electrification to its masses?

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