Up to $5.4bn/yr of investment is needed to bring African power transmission networks up to the required capacity but, as industry leaders told the AIX: Power and Renewables conference, the sector remains reliant on public sector investment, with private capital facing numerous obstacles, writes Marc Howard
Issue 450 - 29 November 2021
Power
President Félix Tshisekedi’s efforts to revive Democratic Republic of Congo (DRC)’s attraction to international oil companies (IOCs) are admirable on paper, as are his efforts to revive – and bring improved governance to – the crucial energy and mining sectors. Having broken with his alliance of convenience with ex-president Joseph Kabila, Tshisekedi’s government is looking for takers for blocks 1 and 2 in the Albertine Graben, and there is talk of a new licensing round (see Upstream page 18), with plans to tender for 16 oil and three gas blocks in the onshore Atlantic basin, Cuvette Centrale and the western Rift Valley.
Issue 450 - 24 November 2021
DR Congo
Gas, Power, Upstream, Finance, Politics
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| Operating | Construction | Planned |
|---|---|---|
| 244,484MW | 39,880MW | 353,656MW |
| 3,335 projects | 241 projects | 2,324 projects |
| 6,263MW | 1,500MW | 60,268MW |
| 266 projects | 26 projects | 176 projects |
| 17,979MW | 11,198MW | 39,848MW |
| 825 projects | 62 projects | 500 projects |
| 117,138MW | 11,282MW | 48,782MW |
| 444 projects | 24 projects | 182 projects |
| 72,389MW | 8,442MW | 102,748MW |
| 766 projects | 48 projects | 887 projects |
| 30,714MW | 7,457MW | 102,010MW |
| 1,034 projects | 81 projects | 579 projects |
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