Demand for Reliable Electricity Supply in Africa Forces Spending from Governments and the Private Sector, Finds Frost & Sullivan

CAPE TOWN, South Africa - The demand for electricity in Africa is growing rapidly. At the same
time, political and social stability is increasingly making the continent an
attractive investment destination.

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New analysis from Frost & Sullivan (www.energy.frost.com), 360
Degree Perspective of the African Power & Energy Industry, finds that there
will be healthy growth in electricity demand of between 4 and 6 per cent
between 2008 and 2020.

If you are interested in a virtual brochure, which provides a brief
synopsis of the research and a table of contents, then send an e-mail to
Patrick Cairns, Corporate Communications, at patrick.cairns@frost.com, with
your full name, company name, title, telephone number, company e-mail
address, company website, city, state and country. Upon receipt of the above
information, a brochure will be sent to you by e-mail.

“The demand for reliable electricity to develop and industrialise African
economies is forcing governments and the private sector to spend on
electrification,” notes Frost & Sullivan Industry Manager Cornelis van der
Waal. “This, coupled with increased awareness of the benefits derived from
electrification and increased finance, is driving this industry.”

The ongoing power sector reform programmes across Africa have opened up
the power industry to private participation. The reforms have created an
environment conducive for power producers to compete in power generation
and/or distribution. At the same time, equipment suppliers will increasingly
have to compete on service delivery for large-scale projects and an
understanding of where growth will take place will assist with business
planning.

Strong growth is anticipated in all areas of the power and energy sector
in Africa. This will be paralleled by general infrastructure development.

Although expanded funding for projects is available to African utilities,
the private sector will have to develop, operate and own more power projects
on the continent. This is bringing a host of regulatory and service
challenges, but the long-term outlook is bright.

“Corruption and political involvement in African power projects has cast
a cloud of doubt about future project success,” cautions van der Waal.
“However, sheer demand will result in increased project success.”

An in-depth understanding of the long-term strategic
development and defining trends in the energy industry in Africa will empower
top decision makers to facilitate growth in their businesses in the
continent.

360 Degree Perspective of the African Power & Energy Industry is a
comprehensive overview of this market, giving top level executives the
crucial insight they need to guide their participation in the continent’s
energy sector.

360 Degree Perspective of the African Power & Energy Industry is part of
the Energy & Power Growth Partnership Service programme, which also includes
research in the following markets: Investment opportunities for Independent
Power Producers in East Africa, Southern Africa markets for Independent Power
Producers, Strategic Analysis of the Nigerian Electricity Industry, Strategic
Analysis of the Kenyan Electricity Industry, South African Transformer
Market, and Africa Steam and Gas Turbine Markets. All research included in
subscriptions provide detailed market opportunities and industry trends that
have been evaluated following extensive interviews with market participants.
Interviews with the press are available.

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360 Degree Perspective of the African Power & Energy Industry
M35C

Contact:
Patrick Cairns
Corporate Communications - Africa
P: +27-18-468-2315
E: patrick.cairns@frost.com

www.frost.com

Source: Frost & Sullivan

Patrick Cairns, Corporate Communications - Africa of Frost & Sullivan, +27-18-468-2315, patrick.cairns at frost.com; Logo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO