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Policy report
Oct 2025
Financing Electricity Access in Africa State of play
Understanding electricity access financing As of 2024, around 600 million people in sub-Saharan Africa (47% of the population) did not have access to electricity. With electrification barely keeping up with population growth rates, progress remains far off the pace envisaged both by African governments and international organisations. Reaching universal access requires a cost-effective, multi-technology approach, with grid extension, mini-grids and stand-alone systems all playing a role to ensure affordable service provision to unelectrified communities. Notably, financing has been one of the primary impediments to growth.For the first time, the IEA has tracked electricity access financing commitments…
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Country
Nigeria
Nigeria is the largest economy and the richest oil resource centre of the African continent. The country also remains the largest gas consumer and producer of West Africa. Notable power sector reforms are underway in Nigeria, including plans for electrification.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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