The forum provides a more “intimate” platform with only Utilities and IPP CEOs from East Africa joining the discussion table. Similar topics to the Pan African forum will be addressed but at a regional scale and will include regional challenges or cross-border trade. The forum is also the perfect opportunity to strengthen regional cooperation between utilities.
WHY EAST AFRICA?
Explore the potential of the East African power landscape
- Undertaking feasibility studies for various hydropower projects with a combined capacity of 2,000MW.
- As part of Ethiopia’s five-year Growth and Transformation Plan, the government plans is to generate 10,000 megawatts of electric power from water, wind and geothermal sources – including 890 megawatts from wind.
- Last Mile Connectivity Project is well on the way to accelerating electricity connections to include 70% of households by June 2017.
- Umeme set aside US$100 million for network upgrades in 2016; overhauling old equipment, buying new technology and adding distribution points.
- President Kagame is advocating for investment in renewable energy as the way forward for economic transformation.
- According to ‘The World Bank’, the current portfolio on Tanzania includes 25 operations with a commitment of nearly $3.95 billion, most of which is allocated to transport. In addition, the country benefits from six regional projects. The WBG also supports analytical and technical assistance activities to complement projects and programs. http://www.worldbank.org/en/country/tanzania/projects