Land rights, political instability and corruption are among the challenges that delay the development of energy projects across Africa. Instead, land with private ownership and title deed must be secured in order to ensure the success of energy projects. Political instability and corruption is a major delaying factor for renewable energy projects in Africa. IRENA and CrossBoundary Energy (a renewable energy investment fund for Africa) are examples of such ‘facilitators’. South Africa: renewable energy projects will remain a high risk until Cyril Ramaphosa is confirmed as the country’s president after the national elections in May 2019.
Source: The North Africa Journal March 15, 2019 11:15 UTC