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REPORTS

12 Aug 2024

Harnessing Regional Energy Governance for Central Africa's Energy Security

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Finance and Investment
Renewable Energy
Report on Regional energy governance

Central Africa is at a critical juncture in its energy governance, which could shape its energy future. The region is navigating between traditional fossil fuel projects like the encouraged Central African Pipeline System (CAPS) by the Central Africa Business Energy Forum (CABEF) and increasing momentum towards renewable energy solutions advocated by initiatives like the establishment of the Centre for Renewable Energy and Energy Efficiency for Central Africa (CEREEAC) which is supported by international organizations such as the World Bank, United Nations Development Organization and the African Development Bank.

The region faces pressing challenges, including energy poverty, limited electricity access, and the need for a just and sustainable energy transition. In addition, financial challenges pose a significant obstacle to the energy transition, especially in the provision of affordable and reliable energy, deployment of renewable energy sources, and the roll-out of a large-scale power grid infrastructure network across the region, which requires comprehensive financing approaches involving public, private, and multilateral sources. Thus, this brief highlights the challenges conventional national energy governance systems face, the critical importance of regional cooperation in energy governance, and provides practical recommendations for improved and reliable energy access in Central Africa.

Regional energy governance in Central Africa639.36 KB