Over $100 billion investment is needed annually to meet African electricity demand by 2030, the Director General, National Office of Hydrocarbons and Mines of Morocco (ONHYM), Amina Benkhadra, has said.
Ms Benkhadra disclosed this when speaking at the 2024 Africa Gas Innovation Summit (AGIS) in Abuja on Thursday.
She explained that Africa faces several challenges including a low electrification rate, low agricultural yields, a low integration rate, and a deficit in advanced structures.
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