Report
The future of energy in Africa
- Global
- Delivering Growth and Opportunity
The future of energy in Africa
Africa’s energy sector is showing the first signs of a shift towards a more diverse and dynamic landscape. Lower oil prices have demanded that companies, and countries, guard themselves against fluctuations in the future. For some, this means increasing the energy mix. A low carbon agenda will also usher momentum for greener sources of energy. Energy companies are also changing tact with independent power producers designing innovative, resilient models that are diluting the once unchallenged hegemonies of giant state utilities in burgeoning and established hydrocarbon countries.
In the coming decades, we predict that Africa will experience huge increases in energy demand. This will largely be supported by resources such as gas and renewables. Control Risks expects a continent of interconnected networks, increasingly competitive regional markets, and diversified energy sources in the next two decades. For investors, the opportunities will no longer be concentrated in a small selection of public tenders issued by a handful of energy hubs but spread across countries and technologies. This transformation will be driven by four key trends.
Find out more about the four core trends
- Evolution of the energy hub landscape – diversifying sources
- A shift in the role of the state – facilitation rather than implementation
- The next target for privatisation – transmission networks
- Interconnected power pools – building more competitive energy markets
▼ DOWNLOAD THE REPORT PDF ▼
Hide
Authors
You may also be interested in
Latest
The Global Insight
The new American threat landscape
Join Charles Hecker and Control Risks experts Jonathan Wood and Shawn VanSlyke for a discussion about the implications of the 6 January storming of the US Capitol for the US security environment.
Analysis
The Armenia-Azerbaijan conflict in 2021 – broad peace likely amid many unknowns
After six weeks fighting between Armenia and Azerbaijan, Russia brokered a ceasefire on 9-10 November 2020. In that time Azerbaijan had redrawn the map. We assess the outlook for the conflict in 2021.
Analysis
The outlook for US-Russia relations
The Biden administration will create a change of pace for Russia-US relations. Russia will expect more sanctions and Biden heralds a return to a more predictable and assertive US role in global affairs. We examine the likely course of relations.
Analysis
RiskMap 2021: The legal and compliance perspective
As we move into 2021, legal and compliance teams – like the companies they work for – undoubtedly face challenges. Find out more about the five key issues for the upcoming year.
Analysis
2021 will change how private market investors consider deals
Our RiskMap coverage shows that dealmakers need to have a range of issues in mind as they consider transactions in 2021. Find out more about the three key considerations here.