Real Assets
Foreign investment in sub-Saharan Africa’s power sector has reached a record-high. Spurred on by the United Nations’ goal to ensure modern energy access for all by 2030, international donors have focused on increasing the region’s electrification access. It currently stands at only 35 per cent, significantly less than any other part of the world. The focus on electrification is illustrated by the type of foreign aid sub-Saharan Africa currently receives. While overall commitments from Western countries to the area have been largely constant over the last decade, aid to the power sector specifically is six times greater.