Wednesday, February 19, 2014

Africa's Energy Demands Are Starting To Skyrocket

Africa's Energy Consumption Growing Fastest In World -- Christian Science Monitor

Africa's energy burden are skyrocketing, but with 64 contemporary major discoveries of fuel deposits, it is in a respectable view to touch its needs. To the same extent the sun sets larger than Africa apiece generation, as an alternative of flicking a light switch or heating up the oven, for the most part fill with plunk a match to a kerosene lantern or a burning ember to a charcoal stove. Africa, interior to 15 percent of the world’s population, consumes truly 3 percent of the world's energy output, and 587 million fill with, as well as close to three-quarters of persons living in Sub-Saharan Africa, still own rejection access to electricity via state grids. But the post is changing, and in a flash. At 4.1 percent growth, Africa’s for every capita energy consumption is growing quicker than anywhere besides, driven by improved infrastructure, inward investment, and hard work to tackle corruption.

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My Comment: These energy trends are going to guarantee a few things .... (1) global oil and energy prices will remain high, (2) global warming advocates will be alarmed, and (3) tensions and conflicts will start to develop between different African countries over energy supplies (i.e. South Sudan - Sudan oil deposits, Ethiopia wanting to dam the Nile river, Nigeria delta oil reserves, etc.).

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