A third of the world’s population without access to electricity lives in Africa. Highlighting projects that will help improve capacity across Africa, is the focus of the Africa Energy Forum (AEF), an international forum focused on power generation for Africa.
This year is the 17th Annual AEF which takes place from 8-11 June 2015 in Dubai. The conference is the largest event on African power and is set to welcome over 1,200 industry stakeholders, bringing together all the major players in the industry, to identify solutions to increase electricity capacity for the African continent.
Many African countries lose an estimated one to four percent of their GDP every year due to power cuts. Africa has yet to build two thirds of the additional power capacity needed by 2030.
Standard Bank Group will be attending the AEF, with a clear focus on powering Africa. The potential for Africa remains firmly on the radar of major investors.
Watch David Humphrey, Head of Power and Infrastructure at Standard Bank Group, talk more about the importance of the AEF in this short video.