Power demand in West Africa

Sep 1, 2020 | Country

West Africa will require $5.4 billion to provide 100% access to power for the additional population by 2030.

West Africa comprises of 17 countries with a population of almost 402 million. With ABiQ’s forecasting tool, we can predict the population will grow by 25.4% and cross 514 million over the next 10 years.

Ignoring any industrialization requirements and only covering population demand, an increase in population will require an additional 4.5 Gigawatt of electricity capacity by 2030.

Investment required by West Africa

The energy mix is diverse but assuming a capital investment of $1.2 per watt, West Africa will require $5.4 billion to provide 100% access to power for the additional population over the next 10 years. This does not take the existing lack of access to power into consideration.

West African Access to Power in 2018 (% of the population)

Benin

41

Burkina Faso

19

Cabo Verde

93

Ivory Coast

67

Ghana

84

Gambia, The

60

Guinea

44

Guinea-Bissau

44

Liberia

26

Mali

51

Mauritania

45

Niger

17

Nigeria

57

Senegal

67

Sierra Leone

26

Togo   

51

Source: ABiQ; World Bank (2018)

Interested in knowing more, get in touch

Still have questions?

Our team is ready to help.

Get access to trusted and valuable data to inform your business decisions and open opportunities for growth.