Energy is a global resource. Petroleum, electricity, oil, gas and other forms of energy assist in no small way in the daily lives of all and sundry. According to the International Energy Agency, “The International Energy Agency’s (IEA) Africa Energy Outlook – a Special Report in the 2014 World Energy Outlook series – offers a most comprehensive analytical study of energy in Africa, specifically in sub-Saharan Africa, the epicenter of the global challenge to overcome energy poverty. More than 620 million people live without access to electricity and nearly 730 million people use hazardous, inefficient forms of cooking, a reliance which affects women and children disproportionately. Meanwhile, those who do have access to modern energy face very high prices for a supply that is both insufficient and unreliable. Overall, the energy sector of sub-Saharan Africa is not yet able to meet the needs and aspirations of its citizens”. IEA – Africa Energy Outlook, A FOCUS ON ENERGY PROSPECTS IN SUB-SAHARAN AFRICA World Energy Outlook Special Report (2014).
Young African entrepreneur, the ball is in your court!