– Africa is working towards harnessing its water resources for sustainable development through a clean energy transition
– In 2023, there was a significant increase in hydropower development across the continent, with key contributions from countries like Nigeria, Uganda, DRC, and Tanzania
– The African Development Bank is leading efforts to upgrade 12 hydropower plants with a $1 billion investment to unlock Africa’s hydropower potential
Africa is on track to utilize its water resources for sustainable development and economic growth through a clean energy transition, with only 10% of the continent’s hydropower potential currently harnessed. In 2023, there was a significant increase in hydropower development, with 2 GW of capacity installed across the continent. Key countries contributing to this development include Nigeria, Uganda, Democratic Republic of Congo, and Tanzania. Public-private partnerships and regional cooperation initiatives are playing crucial roles in financing and developing major projects.
However, challenges such as limited access to finance, volatility, and governance issues are hindering further infrastructure development in the region. Studies commissioned by the African Development Bank (AfDB) and the International Hydropower Association (IHA) have highlighted the urgent need for rehabilitating existing hydropower plants in Africa, with the AfDB leading efforts to upgrade 12 plants with a US$1 billion investment. Collaborative efforts and increased investment are necessary to unlock Africa’s hydropower potential and ensure a reliable electricity supply for the continent while driving economic growth and sustainability. The future of hydropower in Africa lies in strategic partnerships and innovative investment frameworks that can propel the region towards a clean energy future.