Experts have stressed that true energy access in Africa must go beyond simply extending grid connections, highlighting that households, businesses, schools, hospitals, and industries must not only access electricity but also afford and use it productively. Energy, they argue, is not just a utility—it is a matter of dignity, equity, and opportunity.
With Africa’s population projected to reach 2.5 billion by 2050, the call for universal, affordable, and reliable power is becoming more urgent. Analysts note that sustainable and inclusive energy systems will be crucial for driving productivity, improving household incomes, advancing gender equity, and powering economic transformation across the continent.
The continent’s energy transition, they insist, must reflect Africa’s unique realities and priorities rather than be dictated solely by global agendas. However, a major challenge remains financing. With governments already financially overstretched, there are increasing calls for innovative instruments to de-risk investments and attract private sector capital. At the same time, African states are being urged to strengthen their capacity to negotiate and manage projects effectively, ensuring contracts are bankable and fair by engaging experienced transaction advisors early.
Another critical factor is regional cooperation. Experts say that integrated energy markets and cross-border infrastructure will be key to achieving cost efficiency, ensuring energy security, and accelerating the continent’s transition to a just and inclusive energy future.
Stone Reporters News gathered that the administration’s focus on exchange rate stability, macroeconomic predictability, and regulatory reforms has reinforced investor confidence, contributing to Nigeria’s rising capital market prominence.
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