Africa Power Vision Plans to Electrify 80% of Households by 2040

Africa’s electrification recently welcomed a new advocate, Africa Power Vision (APV). APV is a joint-venture established by the African Union Commission, the NEPAD agency, Nigeria’s ministry of finance, the UN Economic Commission for Africa and the African Development Bank. It aims to boost the number of people that has access to power across the continent.

“APV aims to achieve an 80% residential electrification rate by 2040 and 90% for industry/business, with sufficient energy to deliver to those connected, while also implementing off-grid solutions and making full usage of the vast renewable energy sources in Africa,” NEPAD said in a statement.

The project plans for, among other things, the construction of an 8,000km-long transmission line across Egypt, Sudan, South Sudan, Ethiopia, Kenya, Uganda, Tanzania, Malawi, Mozambique, Zambia, Zimbabwe and South Africa. The line which will greatly facilitate trade between Eastern and Southern African nations will have a capacity of 3,000MW – 17,000MW.

Establishing APV was done in the framework of the Programme for Infrastructure Development in Africa (PIDA).

-Gwladys Johnson

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

GOCOP to Institute Dotun Oladipo Prize for Online Journalism

The Guild of Corporate Online Publishers (GOCOP) has announced...

Leadway Unveils Bespoke Short-Term Cover for Businesses, Visitors to Nigeria Ahead of Festive Season

L–R: Brand and Communications Manager, Leadway; Niyi Abiola, Global...

Ecobank: Driving Sale of Dangote Refinery Shares Across Africa for Retail, Institutional Investors

Ecobank is enabling the sale of Dangote Petroleum Refinery...

Ecobank, AD Consulting Unveil Nigeria’s Art, Architecture Icons in “The Convergence”

Nigeria’s leading voices in art and architecture will converge...

Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi as COO

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced...

Topics

Lufthansa Reports €15bn Revenue in 1st Half 2016

Lufthansa reported that total group revenue for the first...

Civil Society Groups Support Anti-Corruption Crusade

A group of Nigerian civil society organisations (CSOs) have...

Sales Superstars Shine: Prudential Zenith Life Honors Top Achievers at Gala Night

Prudential Zenith Life Insurance hosted its annual Sales Gala...

BPE to Privatise Nigeria Re via Public Offer

The insurance sector in Nigeria has continued to enjoy...

FG Commits to Infrastructural Development Through PPP – ICRC

L-R: Mr Soji Adeleye, CEO, Alfe City Institution, Dr...

Eleven in Contention for $100,000 The Nigeria Prize for Literature

The Advisory Board for The Nigeria Prize for Literature today announced the longlist of 11 drawn from 143 plays in the running for the 2023 edition of the prize. The genre in focus is Drama. The literature prize is sponsored by Nigeria LNG Limited (NLNG) with a cash award of $100,000. The 11 plays on the longlist, in alphabetical order by the title of the plays, are: Dance...

Varsity Don Harps on Benefits of Soybeans, Fish Consumption

Professor Adewolu Morenike, professor of Fish Nutrition at the...

Mutual Benefits Receives Renewed Licence, Signals New Growth Phase

Executive Director (Technical), Mutual Benefits Assurance Plc, Joseph Oladokun...
spot_img

Related Articles

Popular Categories

spot_imgspot_img