(Bloomberg New Energy Finance, 26 Feb 2018),
More than 4 billion people are not connected to the internet today, representing a huge opportunity for both development and business. Bridging the ‘digital divide’ for these un-networked billions requires affordable and reliable access to electricity.
(German information Center, 14 Feb 2018)
Despite Ethiopia’s abundance of renewable energy, only a small proportion of its population has an electricity supply. However, this proportion is growing.
Ethiopia needs energy. The country aims to have a nationwide power supply by 2025. At present, however, only around 14 million of Ethiopia's 100 million inhabitants have access to electricity. In rural areas, in particular, very few people have an electricity supply.
Energy access is the “golden thread” that weaves together economic growth, human development and environmental sustainability. The adoption of the Sustainable Development Goals in 2015, and the adoption of SDG 7.1 specifically – the goal to ensure access to affordable, reliable, and modern energy for all by 2030 – established a new level of political recognition for energy’s central role in development.
Improvements in technologies are offering new opportunities for making significant progress on the SDG goal on electricity access. The combination of declining costs for solar and decentralised solutions, cheaper and more efficient lighting and appliances, and new business models making use of digital, mobile-enabled platforms has increased the number of available solutions to cater to those currently without electricity access. But many challenges remain, particularly for clean cooking.
(Afdb, Jan 2018)
In line with its High 5 development priorities and, in particular, its agenda to Light up and power Africa, the African Development Bank plans to reach 29.3 million people in Africa with electricity by 2020.
The President of the Bank, Akinwumi Adesina, made this disclosure at the High Level Event on “New Way of Working: From Vision to Action-National, Regional and Global Dimensions” at the United Nations Economic Commission for Africa in Addis Ababa, Ethiopia, on Sunday. He pledged support for the New Way of Working as “crucially important” and indicated that it requires a new way of tackling development issues.