By Neo Sesinye
Abraham Ortega, Senior Executive Consultant at Hexing.
Africa is in dire need of a solution that will jumpstart electrification on the continent, according to Abraham Ortega, Senior Executive Consultant at Hexing.
“The digital technology already being utilised in Africa in the form of smart metering systems, is the key to accomplishing this. However, utilities on the continent have only scratched the surface of these systems’ capabilities.”
With an estimated 600 million people living without access to electricity, sub-Saharan Africa has the lowest electrification rate in the world. This has had not only a significant negative impact on economic growth in the region, but also on the potential to attract foreign investment.
Infrastructure has always been a major challenge in Africa, and research by the World Bank posits that the continent currently requires an estimated $100 billion in infrastructure investment order to close this gap. Additionally, a survey by Grow Africa among companies already invested in Africa, has shown that dissatisfaction with the quality of physical infrastructure, including stable electricity supply, was one of the most prominent challenges hampering further investment in other areas of the continent’s economy.
By now it should be clear that the projects over the last 40 years to bring big Click here to read entire article
Source:: IT News Africa