{"id":14,"date":"2014-08-25T12:39:26","date_gmt":"2014-08-25T12:39:26","guid":{"rendered":"http:\/\/plethorathemes.com\/dev\/cleanstart\/?page_id=14"},"modified":"2016-05-16T20:56:47","modified_gmt":"2016-05-16T20:56:47","slug":"powerinafrica","status":"publish","type":"page","link":"https:\/\/www.sphinxadvisors.com\/Energy\/index.php\/powerinafrica\/","title":{"rendered":"Our Market"},"content":{"rendered":"

Insufficient capacity and fast growing demand<\/h2>
[vc_column_text]\"OurMarket1\"[\/vc_column_text]<\/div>
[vc_column_text css=”.vc_custom_1463223923046{background-color: #ffffff !important;}”]Sub-Saharan Africa has currently approximately 90 Gigawatt of installed power generation capacity of which South Africa accounts for about 50%. This insufficient supply, which results in load shedding, costs between 2% to 3% of GDP to Sub-Saharan African countries.<\/p>\n

Electricity consumption in Sub-Saharan is projected to reach 1,600 Terawatt hours by 2040, four times what was used in 2010. This increase will be fueled by commercial and industrial growth linked to GDP growth expected to average 4.6% and connection of some the 600 millions people currently without electricity.[\/vc_column_text]<\/div>

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Availability of funding<\/h2>
[vc_column_text]\"OurMarket2\"[\/vc_column_text]<\/div>
[vc_column_text css=”.vc_custom_1463223950226{background-color: #ffffff !important;}”]The International community is committed to supporting efforts to increase power generation capacity in Sub-Saharan Africa. Electricity is urgently needed by hospitals, manufacturing plants and\u00a0other businesses, which contribute to the improvement of living conditions. The United Nations\u2019 Sustainable Energy for All initiative has attracted more than $120 billion in commitments for the power sector in Africa. Power Africa, the partnership launched by the United Sates Government has generated a total commitment of $43 billion including $31 billion from the private sector.[\/vc_column_text]<\/div>
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Shortage of bankable projects<\/h2>
[vc_column_text]\"OurMarket3\"[\/vc_column_text]<\/div>
[vc_column_text css=”.vc_custom_1463223976060{background-color: #ffffff !important;}”]<\/p>\n

Project Finance is most common way of raising large Due to limited availability of technical and transactional expertise to ensure proper planning and best practices in negotiation and structuring, few projects advance from origination or conceptual phase to the point of bankability where institutional investors can get involved.<\/p>\n

[\/vc_column_text]<\/div>

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