A former Chairman of the Energy Commission of Ghana, Dr. Kwame Ampofo, is currently in Addis Ababa, Ethiopia, and participating in the United Nations Economic Commission for Africa’s technical conference on a draft continental Regulatory Framework on how to attract private sector investments in Electricity Markets in Africa.
The two-day conference has brought together participants from across Africa, especially energy sector regulators.
At its December 2021 meeting, the AU Specialized Technical Committee on Transport, Transcontinental and Interregional Infrastructure and Energy requested ECA and AUC to develop a regulatory framework aimed at enhancing the influx of private investment in electricity markets in Africa.
A Draft Continental Regulatory Framework aimed at assisting member states to effectively address regulatory challenges to increase private sector investment in the energy sector has, therefore, been developed.
The framework has been developed in the context of the African Single Electricity Market (AfSEM) which seeks to promote energy integration and trade among member states.
The participants at the two-day conference have been discussing the framework and assessing country-specific cases on regulation and lessons to be learned.
Source: https://energynewsafrica.com
