RES4Africa Foundation and the United Nations Economic Commission for Africa (UNECA) are pleased to announce the organization of a High-Level Public-Private Dialogue on Private Sector Investment in Electricity and Infrastructure Development in Africa. The event is supported by the Italian Ministry of Foreign Affairs and International Cooperation. The event will be held on the 28th of March 2023 (08.30 am - 05.30 pm EAT) at the UN Conference Center at ECA headquarters in Addis Ababa, Ethiopia.
The African Union's Agenda 2063 and the UN's Sustainable Development Goal 7 aim to provide universal access to modern, reliable and sustainable energy for all by 2030; and close the access gap for nearly half of Africa's population. To achieve its socio-economic targets, Africa would need to increase investment on electricity infrastructures, from generation to networks and off-grid systems.
Pivotal to increase investment is the design and implementation of policy and regulatory frameworks able to crowd-in private investments. It is essential to address policy and regulatory barriers to investments, and contribute towards financing sustainable infrastructure development to meet the goals.
RES4Africa's and UNECA new event follows the long-lasting collaboration between the two institutions. The High-Level Public-Private Dialogue (HLPPD) will gather private and public stakeholders to discuss policy and regulatory experiences in Africa and the pathway to accelerate private sector investment in sustainable infrastructure development. The dialogue will further discuss on how to advance the electricity sector reform agenda to ensure adequate investment flows towards the sector. The dialogue will also offer the opportunity for RES4Africa and UNECA to present the main findings of their Regulatory Reviews of Electricity Markets in 16 African countries, based on their regulatory openness, attractiveness and readiness (R.O.A.R.) analytical framework.