The centrepiece of the evolution of any city is access to electricity. However, this basic element of modern life, and what most of the people take for granted, does not reach a large proportion of the population living in Sub-Saharan Africa. Only 40% of the people in that region have access to electricity. This number gets even smaller in the rural areas, where less than 25% of the population can turn on a lamp at night (Figure 1). This is the third article of the “Urbanization in Sub-Saharan Africa” series, following “City Master Plans” and “Affordable Housing.”
Over the past few years, business leaders and investors have become increasingly aware of the economic potential of Sub-Saharan Africa’s burgeoning consumer market. Singapore is an increasingly interested player in the Sub-Saharan African arena. There is a growing number of Singapore companies, from small to large, drawn to the region.They venture not only to familiar South Africa, but are also attracted by the blossoming tech industry in East Africa and by the booming population in West Africa, which brings the promise of a huge untapped market.
The growing importance of adopting cleaner ways to generate electricity worldwide has brought LNG into the spotlight as one of the most affordable and less environmentally damaging fuels. Singapore, with its strategic location, has daring plans to grow into the preferred trading hub for LNG in Asia.