The Africa Development Bank (AfDB) has launched a “one-stop-shop for accurate, reliable, relevant, and up-to-date information on energy in Africa,” the Africa Energy Portal.
Africa Energy Portal is one of the deliverables from the just concluded Africa Investment Forum (AIF) in Johannesburg, South Africa.
A statement by AfDB said the portal will help address the lack of information in Africa’s energy sector.
“The AEP portal, hosted at http://africa-energy-portal.org, will consolidate, validate, and disseminate energy data and insights across Africa’s energy value chain, covering generation, transmission, distribution, regulation and policy,” the statement read.
“The AEP is designed to address a lack of information in the sector, by providing a one-stop-shop for accurate, reliable, relevant, and up-to-date information on energy in Africa.
“This will include statistics on investment flows and deals, as well as the socio-economic outcomes of power projects.”
Speaking during the launch, AfDB director of energy financial solutions, Wale Shonibare, policy and regulation at the AfDB said the AEP as a long-overdue, but a necessary, step in “providing critical information for investment decisions, policy making, and regulatory action in Africa’s energy sector”.
“We are aware that the portal’s success will depend on extensive collaboration, and we invite professionals, developers, investors, regulators, governments, financial institutions, statisticians, utility companies, think tanks, philanthropic institutions and other stakeholders to work with us in creating a robust and formidable platform for the continent,” he added.