EVENTS

What:

The African Development Bank, in collaboration with ECOWAS Regional Electricity Regulatory Authority (ERERA), will launch the Comparative Analysis of Electricity Tariffs in ECOWAS Member Countries report at this year’s Africa Investment Forum (AIF). The study of West African states is part of a knowledge exchange which includes the presentation of three studies by the African Development Bank and its partners examining the energy sector across the continent.

When:

Wednesday November 13, 2019

09:00 AM – 10:30 AM

Where:

Sandton Convention Center, Johannesburg, South Africa

(Session Room 1)

Who:

• Wale Shonibare, Ag. Vice President, Power, Energy, Climate & Green Growth Complex, African Development Bank
• Henry Paul Batchi Baldeh – Director, Power Systems Development, African Development Bank
• Richard Nelson, Deputy Coordinator, Power Africa
• Professor Ignacio J. Pérez-Arriaga, Florence School of Regulation

Background:

The Africa Investment Forum is an initiative led by the African Development Bank to accelerate investment into Africa in an unprecedented way. This unique, multi-stakeholder platform was designed by the African Development Bank and its partners to fill the continent’s vast investment gap and kick-start its development agenda.

At the sidelines of this year’s AIF, the Bank will launch its first comparative Tariff Study, the Comparative Analysis of Electricity Tariffs in ECOWAS Member Countries. There is a significant variation in electricity tariffs across West Africa. The top tariffs are five to six times higher than the lowest for comparable customers. It is critical that ECOWAS countries understand how these tariffs compare with costs, and how these affect customers, to mark out the appropriate action to take.

The study assessed the tariff frameworks, tariff levels and underlying drivers of tariffs across the electricity value chain (generation, transmission and distribution) of the 15 member countries of ECOWAS. The report provides relevant tariff information and data to influence policy and investment decisions in the region.

The Bank plans to replicate this study in other regions of Africa to eventually create a continent-wide assessment. At the Energy Sector Knowledge Session at the AIF, the findings of the West African study will be presented to stakeholders and collaborations for replication across other regions discussed.

Please do not hesitate to contact us for interview requests with Wale Shonibare, Ag. Vice President or for any other media related enquiries.

For more information:

www.africa-energy-portal.org

#TariffStudy2019

#AfricaInvestmentForum

Media contact: Emeka Anuforo, Communications Officer, [email protected]

Technical contacts: Callixte Kambanda, Manager, Energy Policy, Regulation and Statistics, [email protected] / Rhoda Limbani Mshana, Chief Energy Sector Regulations Specialist, [email protected]