Africa must add at least 16 gigawatts (GW) of new grid-connected generation capacity each year until 2050 and invest between $3.2 billion and $4.3 billion annually in transmission infrastructure to meet even its most basic growth targets.
This disclosure was made in the Africa Finance Corporation’s (AFC) newly-released report “State of Africa’s Infrastructure Report 2025”.
According to the AFC, “To meet such transmission needs, Africa will require at least $3.2–4.3 billion annually through 2040.”