Context

The African energy context

What there is

Mission - Population growth
POPULATION
GROWTH
Mission - Urban concentrations
URBAN
CONCENTRATION
Mission - Demand growth
DEMAND
GROWTH
Context - renewAfrica Initiative
LAND
AVAILABILITY
Context - renewAfrica Initiative
RENEWABLE
ENERGY POTENTIAL

What is still missing

Context - renewAfrica Initiative
SUSTAINABLE PROJECT
DEVELOPMENT
Context - renewAfrica Initiative
AN ENABLING
REGULATORY FRAMEWORK
Context - renewAfrica Initiative
ADEQUATE
FINANCING SUPPORT
Context - renewAfrica Initiative
ADEQUATE
DE-RISKING MEASURES

Inadequate energy access is a major obstacle to Africa’s development. Following the current trajectory, in 2030 over 600 million people in Africa will be living without access to electricity, equivalent to 36% of the population. Bridging this energy access gap will require upward of 300 GW of renewable capacity.

Most of this investment must come from the private sector, as public financing is not expected to exceed its current level of 15% (IRENA). However mobilizing private capital is hampered by a multitude of challenges.

The most uncovered areas

Proposal - Preparation

PHASE:

Preparation

Context - renewAfrica Initiative

MILESTONE:
Legal, technical and economic analysis

PERCEIVED LEVEL OF SUPPORT:
100%
Proposal - Bid Documents

PHASE:

Bid documents

Context - renewAfrica Initiative

MILESTONE:
Tender informations & documents

PERCEIVED LEVEL OF SUPPORT:
29%
Proposal - Tender process

PHASE:

Tender process

Context - renewAfrica Initiative

MILESTONE:
Bidder consultation and RFP

PERCEIVED LEVEL OF SUPPORT:
18%
Proposal - Award

PHASE:

Award

Context - renewAfrica Initiative

MILESTONE:
Proposal review signing

PERCEIVED LEVEL OF SUPPORT:
18%
Proposal - Final agreements

PHASE:

Final agreements

Context - renewAfrica Initiative

MILESTONE:
Loan, insurance, PPA, guarantees

PERCEIVED LEVEL OF SUPPORT:
65%
Proposal - Construction

PHASE:

Construction and O&M

Context - renewAfrica Initiative

MILESTONE:
Construction, commissioning, O&M

PERCEIVED LEVEL OF SUPPORT:
41%