Policy tracker: Energy sector becomes more investor-ready

From the newsletter

The past month has been a hive of activity in Africa’s energy policy space. South Africa and Morocco unveiled plans to phase out coal, Zimbabwe introduced competitive solar bidding and ended its power monopoly, while Kenya plans to set up a special energy fund. In addition, 17 more countries unveiled their national energy compacts bringing the total to 29.

• Under the Mission 300 initiative, countries are reforming their energy sectors to attract more private sector investment. Each has set its own targets, but most of the funding will come from private players.

• Energy sector policies and regulations have long been seen as major barriers to progress. This may soon change with the recent reforms across Africa. However, investors will channel their focus to markets where policy stability is assured.

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