Adapted from GE reports.
Consider that just three out of 10 Africans have electricity in their homes. But even those in Africa with electricity are having a bumpy ride. The World Bank estimates that manufacturers on the continent face an average of 56 days a year without power. Although Africa as a whole is growing 2 percent faster than the rest of the world, the lack of power acts like a potent brake on Africa’s economic expansion and standards of living. Controlled power outages to avoid overloading the grid shaved an estimated 2 percent on average
Consider that just three out of 10 Africans have electricity in their homes. But even those in Africa with electricity are having a bumpy ride. The World Bank estimates that manufacturers on the continent face an average of 56 days a year without power. Although Africa as a whole is growing 2 percent faster than the rest of the world, the lack of power acts like a potent brake on Africa’s economic expansion and standards of living. Controlled power outages to avoid overloading the grid shaved an estimated 2 percent on average
