IEA urges greater African energy investment


Issue 287 - 24 Oct 2014 | 2 minute read

Without much higher levels of investment the poor performance of the energy sector will act as an inhibitor to growth and the continent will miss out on its economic potential, the International Energy Agency (IEA) warns in its new Africa Energy Outlook. “Put simply, the energy sector of sub-Saharan Africa is not yet able to meet the needs and aspirations of its citizens. More can be done to tackle this, more should be done to tackle this and, importantly, the benefits of tackling this outweigh the costs, meaning than it also makes economic sense,” said IEA executive director Maria van der Hoeven, speaking at the 13 October launch in London.

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