The report is the 17th Edition of the New Africa’s Pulse the focuses on the economic growth of the of Sub-Saharan Africa specifically in electricity, technology innovation and the high risk of public debt relative to GDP. According to World Bank Chief Economist for Africa Region, Albert G. Zeufack, by embracing technology and leveraging innovation, Africa can boost productivity across and within sectors, and accelerate economic growth. “Growth has rebound in Sub-Saharan Africa, but not fast enough. Leveraging the private sector will be critical to scaling-up electrification,” said Punam Chuhan-Pole, World Bank Lead Economist and author of the report. Chuhan-Pole added that improved governance of the electricity sector is a prerequisite to Sub-Sahara Africa’s economic growth regardless of the technical configurations used in expanding electricity.
Source: Front Page Africa April 19, 2018 02:15 UTC