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A deepening ecological crisis is rearing its head in sub-Saharan Africa, as it faces a myriad of challenges in regards to the development of its energy sector. The ‘dirty now and clean up later’ approach to the environment has a strong appeal, particularly because it is often thought of as the last place to try to edge in another priority - especially if that priority is perceived by many to be an economic luxury. Asuelime and Okem bring together a team of specialist contributors who investigate to what extent sub-Saharan Africa has displayed foresight or politico-economic integrity. The book shows the state’s ability to meet the demands of provision of energy in sub-Saharan Africa has led to heavy investments in infrastructure, transmission and distribution of energy to the citizens. However, the inefficiencies, corruption and unhealthy bureaucratic challenges that accompany this have led urgent problems, which will be thoroughly explored in this book. The Political Economy of Energy in Sub-Saharan Africa will be of interest to students and scholars of African Studies, Development Studies, political science and environment.
Many countries in sub-Saharan Africa have set targets for non-hydro renewable energy but lag in implementation. The dominant approaches to analysing energy transitions have largely been developed based on European experience and provide a limited understanding of such developments in African countries. This paper combines a review of recent energy transition literature with a broader range of relevant energy-related literatures, each of which can contribute to a better understanding of the role of coalitions, politics and power in energy transitions in lower-income countries. The paper points to the decisive influence of a country's resource endowments on the potential for an energy transition. It further argues that resource endowments affect the type of finance that can be mobilised for energy sector development with implications for potential coalitions between international and domestic actors. Finally, the access agenda provides a window of opportunity for promoting non-hydro renewable energy, but there is no unambiguous relation between the two agendas. More empirical research is needed to further analyse these dynamics.
Global energy consumption will increase rapidly in the next decades. The discrepancy between demand and supply is worrisome within the old and new cores of the world-economy. Sub-Saharan Africa meanwhile possesses vast potential for energy resources to be further exploited. Whilst the Global North is a traditional player in the sub-Saharan energy sector, new actors from emerging economies - especially China’s state-owned enterprises but also Brazilian, Indian and South African giants - have entered what appears to be a scramble for the largely untapped energy resources of the region. This book is the first to bring together comparative perspectives on: · The strategies of state and non-state actors involved in the exploitation of sub-Saharan energy resources. · The potential and pitfalls of new forms of cooperation on energy southwards of the Sahara. · The domestic opportunities and challenges of the present energy resource boom. Dynamics on the international level are brought together with local developments to provide up-to-date insights on the scramble for energy resources in sub-Saharan Africa. This book also advances a materialist approach applicable in geographical and political-scientific research, showing that much insight can be gained by concentrating on the material environment that shapes economic and political phenomena.
A volume on the political economy of clean energy transition in developed and developing regions, with a focus on the issues that different countries face as they transition from fossil fuels to lower carbon technologies.
Shows that economic concerns about jobs, costs, and consumption, rather than climate change, are likely to drive energy transition in developing countries.
This open access book analyses barriers and challenges associated with the financing of clean energy access in sub-Saharan Africa. By considering various economic, financial, political, environmental and social factors, it explores the consequences of energy poverty across the region and maps the real and perceived investment risks for potential capital providers, both domestic and international. Furthermore, it analyses risk mitigation strategies and innovative financing structures available to the public and private sectors, which are aimed at leveraging capital in the clean energy sector at scale and fostering the creation of an enabling business and investment environment. More specifically, the present book analyses how to (i) enhance capital allocation in projects and organisations that foster clean energy access in the region, (ii) mobilize private capital at scale and (iii) decrease the cost of financing through risk mitigation strategies. Going beyond traditional approaches, the book also considers socioeconomic and cultural aspects associated with investment barriers across the subcontinent. Moreover, it urges the public and private spheres to become more actively involved in tackling this pressing development issue, and provides policy recommendations for the public sector, including proposals for business model evolution at multilateral agencies and development institutions. It will appeal to a wide readership of both academics and professionals working in the energy industry, the financial sector and the political sphere, as well as to general readers interested in the ongoing debate about energy, sustainable development and finance.
A core political economy issue in the growth literature is how to structure the relationship between the public and private sectors to ensure optimal outcomes. While conventional arguments on the ability of the private sector to intrinsically generate efficiency gains remain valid, governments’ traditional role of providing an enabling environment to foster private risk taking for capital accumulation is no less important. African Policy Innovation and the Political Economy of Public-Private Policy Partnerships borrows from contemporary theories of policy change and raises some fundamental questions about the political economy of development in Africa. This book examines the current knowledge and research about the role of public-private policy partnerships in the policy innovation discourse. It contributes a comprehensive, cutting-edge analysis vis-à-vis the appropriateness of contemporary policy devices and paradigms, the compatibility of individualistic analytical frameworks with the African philosophy of Ubuntu, the debate on the rise of neoliberalism versus Africa's traditions and values, and the implications of path dependence for the African Renaissance. From local communities and NGOs to African governments and international development agencies, the author advances a multi-stakeholder development policy and programming framework which recognizes Africa's vastly heterogenous economies and societies. Covering topics such as policy diffusion, demographic shifts, inequality, rentier capitalism, industrial transformation, development finance innovations, venture capital ecosystems, tax policy and supply-side economics, ocean finance, the global minimum tax debate, and higher education under disruptive technologies, this premier reference source is an excellent resource for government officials, policymakers, entrepreneurs, business leaders, libraries, students and educators of higher education, researchers, and academicians.
Since 2000, Sub-Saharan Africa has seen rapid economic growth, expanding population, improving social conditions and progressive political liberalization. On the basis of these trends, sub-Saharan Africa energy use has risen by 45% since 2000. In this framework, making energy reliable and widely affordable for the population has been and continues to be a key challenge in the sub-continent. In fact, sub-Saharan Africa is rich in energy resources, but very poor in energy supply. Just to provide an idea, in sub-Sharan Africa only 290 million out of 915 million people have today access to electricity, and the total number without access is rising. Notwithstanding the importance and size of these challenges, sub-Saharan Africa?s energy sector remains one of the most poorly understood parts of the global energy system and very few international energy research centers have developed consistent activities on the region and in the region. In this framework, the aim this book is to contribute to the understanding of Sub-Saharan Africa?s current and future energy challenges and opportunities.