Thu, 27 Sep 2012 15:16:51 +0000 Africa is aiming to implement 15 cross-border energy projects worth over US$40 billion by the year 2020 in an effort to enhance cross-border energy market development on the continent. Leaders on the continent have approved a pipeline of 15 priority energy projects which they say needs to be implemented between 2012 and 2020 to lay the basis for improved energy access and further economic growth. The project portfolio, which has been identified and selected partly on the basis of the projects’ ability to enhance cross-border energy-market development, embraces nine hydroelectricity generation developments, four transmission corridors and two pipelines, one for oil and the other for gas. The projects formed part of the larger programme for Infrastructure Development in Africa (PIDA) portfolio, which has been assembled under the New Partnership for Africa’s Development (NEPAD) banner while the other PIDA projects cover the transport, water, and information communication technology infrastructure segments. […]
