Africa is a continent rich in energy and related resources, but hindered by widespread energy poverty. The Africa Energy Outlook 2023 delves into this paradox that the African continent presents. This comprehensive report is a roadmap towards a brighter future, focusing on charting Africa's energy landscape as it transitions towards renewables and cleaner energy sources.
New podcast release! In this episode, listen to Deloitte’s industry leaders discuss the latest insights from the Africa Energy Outlook 2023, and the key gaps to bridge to achieve Africa’s 2030 energy goals.
The transition to cleaner sources of energy, such as to natural gas, hydropower, wind, solar, modern biogas, and green hydrogen, presents an opportunity to bridge the developmental gap left by decades of energy poverty. Perhaps as importantly, access to cleaner sources of energy could also present the much-needed impetus to building new industries that attract new players, ecosystems, skills and human capital, technology and access new markets.
Included in the report is a snapshot of six African economies’ specifically looking at their energy transition strategies, resource endowments, how future energy mixes are envisioned, as well as the intended steps to achieve these energy mixes. Countries included are Mozambique, Angola, Nigeria, Côte d’Ivoire, South Africa and Morocco.