The development of a stable, reliable and sustainable electricity grid is fundamental to the African growth story, but though large-scale infrastructure projects are critical we must not ignore the opportunities available to small and medium-sized enterprises.
In this regard I believe all SMEs currently operating or aspiring to operate in the energy sector should familiarise themselves with UN Sustainable Development Goal 7 : ensuring access to affordable, reliable, sustainable and modern energy. When looking at the African continent we need to remember that many countries operate a centralised parastatal-controlled power grid responsible for all three of these elements. These models are not fit-for-purpose in the changing energy ecosystem — particularly after the Covid-19 pandemic has put enormous financial pressure on state-owned entities.
In a similar vein, “smart-metering” solutions are becoming an increasingly popular tool for management of supply and demand as previously unconnected communities are being added to centralised grids. The installation and maintenance of these solutions are an ideal opportunity for small businesses to carve out their niche.
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