Plans to increase the share that manufacturing contributes to continental GDP are limited by a crippling lack of reliable and affordable electricity.
This is especially ironic, given the continent’s untapped electricity potential. The content has nearly 500 Gigawatts of generation potential in hydro, geothermal and wind power alone.
By far the biggest, however, is solar power, at 11 terawatts, most of which is completely untapped.
However, as the President of the African Development Bank explained to CCTV’s Ramah Nyang, expanding access to affordable, reliable electricity isn’t just about manufacturing.