Wednesday, June 3, 2026
25.8 C
Lagos

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

Hot this week

BGT Awards Contracts for Three Newbuild LNG Vessels

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria...

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Topics

Why N300m Insurance Rebranding Project Failed

The N300 million insurance rebranding project designed to redress...

NCC Suspends Data Price Hike

Following the concerns that visited the directive to introduce...

PenCom: ‘We are Committed to Safety of N14.2tr Pension Funds’

The National Pension Commission (PenCom) said it is committed...

HOW TO ACCESS FEDERAL MORTGAGE LOANS IN NIGERIA

By Dennis Isong Housing being one of the most crucial...

Nigeria Airways: Murdered in Cold Blood 12 Years Ago by Government

This is the story of a national titan, who offered service to the nation for over 40 years. In these years, in keeping with the social responsibility philosophy of its establishment, “WT” (Whisky Tango), as it was fondly recognised in the global aviation circle, flew daily sorties in addition to scheduled operations to advance the aspirations of a new nation. Between 1960 – 1975, Nigeria Airways announced, publicised and projected the image of a new independent black African nation. From Europe to America, from Africa to Middle/Near East, the Nigerian flag flew on WT. It not only brought pride to the nation and its people, but also raised their profile globally at a time when very few nations of the world were in the global air space.

Pantami Meets with Space X, World Bank, Google to Strengthen Nigeria’s Digital Economy

The Honourable Minister of Communications and Digital Economy of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img