NEWS

The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg.

 “Building a Knowledge Base to De-Risk the Energy Sector in Africa,” brought together investors, policy makers and government officials for a presentation of the new initiative on Friday 9 November, the final day of the Forum. The AEP portal, hosted at http://africa-energy-portal.org, will consolidate, validate, and disseminate energy data and insights across Africa’s energy value chain, covering generation, transmission, distribution, regulation and policy.

The AEP is designed to address a lack of information in the sector, by providing a one-stop-shop for accurate, reliable, relevant, and up-to-date information on energy in Africa. This will include statistics on investment flows and deals, as well as the socio-economic outcomes of power projects.

“Many international and local stakeholders have experienced the data access and reliability challenges that hold back substantive participation in the numerous opportunities within Africa’s energy sector. The AEP is strategically positioned to resolve these challenges, by providing stakeholders with the requisite information to facilitate decision making, and fast track investments and initiatives that will revolutionise Africa’s energy sector,” said Amadou Hott, Vice President of Power, Energy, Climate Change and Green Growth at the African Development Bank.