*** 1.2 billion people – lives without reliable electricity. This lack of power hinders opportunities and keeps them in poverty, a stark limitation for these emerging markets...
The dynamics of African electrification present similar challenges. If India’s energy demand will nearly double in the next two decades, Africa’s will nearly triple. That explains why there are over 100 coal-powered facilities in development across 11 African countries (not including coal-fuelled South Africa) with a total capacity of 42.5 GW. A lack of funding from the World Bank has hardly been an obstacle to these projects: instead of looking to Washington, countries like Kenya are receiving both funding and technical assistance from Beijing.
