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
Analysis
How a new German anti-fraud act may force companies to investigate themselves
Almost two years after Germany’s coalition parties announced plans to introduce fresh legislation to fight corporate crime, the Federal Ministry of Justice published a first draft of the “Association Sanctions Act” in August 2019.
Analysis
What Brexit means for business in 2020
Barring an extraordinary event the UK will leave the EU on 31 January. We examine what that means for business in the year to come in four key risk points.
Analysis
Iranian cyber espionage group targets suppliers of industrial control systems
On 20 November security researchers said that Iran-linked advanced persistent threat (APT) unit APT33 had shifted its targeting focus from espionage and data wiping campaigns to IT networks.
Analysis
The new cyber security standard that will replace all others
The US Department of Defense (DoD) is implementing a new Cybersecurity Maturity Model Certification (CMMC) requirement for all private-sector businesses that work with the DoD.
Analysis
Killing Soleimani: a tactical lunge with strategic consequences
One of the Top 5 Risks we identified in RiskMap 2020 was the propensity of global leaders to pursue tactical policies not backed by a sound strategy.