The Center for Global Development’s website features the book Africa’s Private Sector: What’s Wrong with the Business Environment and What to do about it. The central thesis looks at Africa’s solar potential and how their development efforts have been cut short because of a lack of consistent electricity. Obviously electricity is not the only impediment to Africa’s development success – war and corruption to name just two - but it could be a way for African countries to increase their economic activity. The author projects that Africa has the capacity to generate six times more solar power than Europe, enough to provide for all the continent’s needs and be able to export the surplus. As global warming awareness increases and the search for clean energy solutions on the rises, this could be the ticket African countries need to jump start their economies.
Monday, March 30, 2009
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