Africa needs to fix its energy problems to accelerate and sustain growth, says ECA's Songwe

Africa will not be able to accelerate and sustain growth without adequate access to energy, says Economic Commission for Africa’s Executive Secretary, Vera Songwe. In remarks to the 12th African Economic Conference that opened in Addis Ababa, under developed energy infrastructure and growing demand could help attract more private sector investment and accelerate energy development. “However, for this we need to improve the governance processes for contracts awards, and licensing to ensure populations get affordable prices, improve the governance of energy utilities most of which are underperforming and most of all, improve the governance of our regional power pool institutions,”.

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Bibliographic Details
Format: Press release biblioteca
Language:eng
Published: 2017-12
Online Access:https://hdl.handle.net/10855/40162
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