New JV to Electrify Africa

A JV formed by the African Union Commission (AUC,) NEPAD Agency, Nigeria’s Federal Ministry of Finance, the UN Economic Commission for Africa (UNECA), and the African Development Bank (AfDB.)  dubbed Africa Power Vision (APV), is targeting 2063 to electrify the entire continent of Africa.

The JV’s development plan will make use of Africa’s diverse energy resources, in line with the Africa 2063 Agenda.

APV aims to achieve an 80% residential electrification rate by 2040 and 90% for industry/business, with sufficient energy to deliver to those connected. APV will also implement off-grid solutions, taking full advantage of renewable energy resources.

In South Africa the initiative has plans to develop an 8,000 km transmission line that will stretch across Egypt, Sudan, South Sudan, Ethiopia, Kenya, Uganda, Tanzania, Malawi, Mozambique, Zambia, Zimbabwe and anchor in South Africa.

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