Robert Stoner

Power Play: Closing the Immense Energy Gap in Sub-Saharan Africa

Todd Moss, Joseph Boateng, Justin DeAngelis, A.B.C. Orjiako, Kate Steel, Robert Stoner, Rob Stoner, Glenn Yago, Miguel Acevedo, Paul Hinks

Experts emphasize that while small-scale solutions address immediate needs, large-scale grid infrastructure is essential for Africa's long-term economic growth and industrial competitiveness, particularly given Nigeria's massive generation deficit and projected population surge. Investment strategies are shifting toward hybrid microgrid models and localized resource utilization to bridge the $835 billion funding gap, though success depends on resolving regulatory friction and aligning institutional return expectations with realistic market yields. With 600 million Africans currently lacking electricity access, the sector's future relies on holistic planning that combines government political will, subnational initiatives, and the mobilization of trillions in underutilized local pension assets.