Investment Treaties and Independent Power Projects ("IPPs"): How to Improve Legal Security in Africa
Article from: OGEL 5 (2018), in International Oil, Gas & Energy Dispute Management
(Minor revisions 19/12/2018) Africa is possibly the region with the greatest need for investment in electricity supply. It is estimated that it would require up to ninety billion dollars per year to cover its energy demand and uncover its development potential. Despite its constant, unacceptably high poverty rate, many countries in the continent have grown steadily over the last decade. Africa needs, therefore, investments to guarantee a stable and higher quality power supply. These circumstances, together with the chronic inefficiencies of its regulatory model, have ...