The conference covered key trends and insights in various vertical segments, including power generation, transmission and distribution, metering, large power users, renewable power (wind and solar), hydropower, and water utilities as well as related investment challenges and opportunities within the African utility space.
- Power purchase agreements (PPA) in the energy environment are receiving increased attention because of the long negotiation process involved. The private sector is often risk averse, and the subsequent expectations from the relevant government result in time delays.
- Skill levels in Africa are collectively increasing with each project, based on localisation requirements often built into the procurement process. The current legal, financial, and operational problems will decrease as the broader energy and water sectors are upskilled and become more sophisticated, which will result in a commercial environment with lower risk and projects reaching the bankable stage in an expedited manner.