‘COMESA electricity demand to grow by 57 p.c.’
Published On May 23, 2024 » 357 Views» By Times Reporter » Business, Stories
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. Kadah

By KETRA KALUNGA –
THE demand for electricity among Common Market for Eastern and Southern Africa (COMESA) countries will grow by 57 per cent between 2023 and 2030.
COMESA will need an annual investment of about $34 billion to meet the demand.
This is according to a study on Estimating Investment Needs For the Power Sector in Africa from 2023 to 2030 released recently.
It states that during the period under review about $34 billion in investment will be needed annually to meet the access, grid and generation expansion of the Base Case by 2030, states the report.

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