Published May 1, 2013
The importance of Africa energy and infrastructural requirements sends a trigger to global opportunities and NGO’s, The United Nations, World Bank and other world institutions to engage in development speculation, resource and service delivery. “Giami: Africa Needs $93bn to Fill Infrastructure Gap” reports from This Day Live. The gap in Africa persist in the wealth and abundance of resources and historical controls that persisted.
The important message is that, “The publisher of African Energy and Infrastructure Magazine, Dr. Ken Giami at the 2013 African Energy and Infrastructure Conference and Awards in Abuja stated that, the “African continent would require an annual investment of $93 billion in infrastructural development over the next 10 years for it to catch up with other developing regions.”
Giami siad, “In the power sector; the total installed generation capacity of 48 sub-Saharan African countries is 68 gigawatts, and 25 per cent of that capacity is unavailable because of aging plants and poor maintenance.”
The importance of note is that many nations are struggling with infrastructural deficits and deterioration from aging and poor maintenance. The leader in the energy and infrastructural race to sustainability will go to the nation that determines these deficits and operationalizes a working plan for implementation that is subsidized by government agencies, global and local partners, strong financial tools and business synthesis within the roll out.
The dynamics of infrastructural change is dependent on the development of energy, environmental and a resources plan for long-term independence. Where do nations turn when the realization of resource utilization and energy integration is one step away from sustainability. The role of global funders for strengthened economies will follow the race to energy independence and the reliability of renewables, as well as alternative solutions advanced by technologies that secure a tight grid for national secure economic empowerment.
- Developing Africa’s Infrastructure …A Catalyst For Economic Growth (spyghana.com)
- Can Africa keep its economic boom from going bust? (csmonitor.com)