Africa’s Growing Demand for Sustainable Power

Key Figures & Findings: Africa faces the dual challenge of climate impact and energy demand, with only 43% of its population having access to electricity. According to the International Energy Agency (IEA), Africa’s energy demand will approach 2,400 TWh by 2040 as population growth and industrial expansion increase power requirements. Nexans, a global leader in energy transition solutions with deep roots in Africa, is actively supporting sustainable electrification initiatives, such as supplying high-efficiency cables and supporting recycling projects to reduce costs and environmental impact. Nexans Morocco, in particular, contributes to electrification efforts by developing specialized cables for solar power installations, a strategy aligned with Africa’s vast renewable potential.

Statistics & Insights: Electricity access remains low, with 600 million Africans currently unconnected to power grids. To meet rising demands, sustainable electrification efforts require significant funding, with an existing $90 billion funding gap cited by the World Bank.

Future Implications: With sustained investment, Africa could generate 30% of its electricity from renewable sources by 2025, strengthening the continent’s position as a sustainable energy leader. Meeting these targets would also support economic growth and regional stability as reliable energy becomes more accessible.

Source: Nexans