Meeting MDGs takes energy
GOVERNMENT| Oct. 18, 2012, 10:26 a.m.
World Bank Africa Vice President Makhtar Diop has highlighted the importance of affordable power in meeting Africa’s MDGs.
Speaking at the IMF/World Bank Annual Meetings event this week, Diop said: “We will not achieve the MDGs, we will not have growth, we will not have inclusive growth in our continent if we don’t work towards this objective of bringing electricity at an acceptable price, at a price which is consistent with the political economy at the level of development for our countries and therefore have inclusive, sustainable and peaceful growth in Africa.”
He noted: “Without energy, it’s not possible for a health clinic to work in remote areas in Africa. Without energy, it’s not possible for our kids to learn because they will not be able to learn in the evening. Without energy, it’s not possible for the woman, who is walking 10 kilometers a day to fetch water in remote Tanzania or remote Senegal, to be able to reduce the time she spends getting water. Without energy, it's not possible to give signs in the remote area to be able to reduce incidence of some diseases in our country.
So of the things that if you talk about energy, let’s talk about growth, about manufacturing, it’s about the life of the poorest in Africa, the women is in Senegal, in Nairobi, in Cape Town, or in other places, in Kinshasa, who cannot continue running a business because there is no electricity supply or electricity is too expensive in our countries.”
He said ensuring affordable power supplies required a number of things: “Having local solutions increases the level of uncertainty and therefore increases the risk and the cost of doing business in this sector. I think that moving to a regional initiative is not only good in terms of rationalizing your investments, but is good in terms of reducing the uncertainty that we’ve been facing in our countries. Therefore, we decided to move and to support all investment which will have a regional dimension in energy.”
He said the Ministry of Finance of the West African Monetary Union would look to a regional PPP framework for power development.
MORE GOVERNMENT NEWS
BVN fished out 40,000 ghost workersNigeria’s Minister of Industry, Trade and Investment says the Bank Verification Number introduced by the Central Bank of Nigeria has saved the Federal Government billions of naira. Read More
Kenya embraces online motor vehicle registration to fight corruptionIn a bid to weed out corruption and increase efficiency in the road transport sector, the Kenyan government is set to unveil online vehicle registration. Read More
Botswana Post opens new money transfer corridorsBotswanaPost says it has launched another two money transfer routes – to Lesotho Postal Services and Swaziland Postal Services. Read More
International Conference on the Internet on in GaboroneThe University of Botswana is hosting the First International Conference on the Internet, Cyber Security and Information Systems in Gaborone to the 20th May 2016 at The Gaborone International Convention Center (GICC). Read More
Again, NCC’s 2.6GHz spectrum auctions fall throughThe planned 2.6 gigahertz (GHz) spectrum auction scheduled by Nigerian Communications Commission (NCC) may have fallen through. Read More
Government rules out OTT regulation in GhanaGhana’s Deputy Minister of Communication, Ato Sarpong, has told key industry players in Accra that the government has no intention of regulating over-the-top operations in the country. Read More
Rwanda, MasterCard collaborate on cashless societyThe Government of Rwanda has announced a collaboration with MasterCard to fast-track the country’s move to include 90 percent of its citizens in the financial mainstream. Read More
Mobile spam: NCC reads riot act to telcosWorried by a flurry of complaints, the Nigerian Communications Commission has warned mobile network operators to take decisive action to curb unsolicited text messages and calls to customers. Read More
NCC chief urges Fed Govt to relax forex policyThe Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has urged the Federal Government to consider relaxing its forex policy for telecommunications companies. Read More
FEATURED STORYGovernment should encourage youths in ICT early
Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.