Electricity has become important in modern civilization, powering a variety of sectors. Its value lies not only in improving health and education outcomes, but also in lowering business costs, unlocking economic potential, and creating jobs for citizens.
Despite its significance, access to electricity remains a barrier in many parts of the world, especially in Africa. Despite enormous energy resources, more than 600 million people on the continent are today without access to electricity. Even with access, maintaining consistency and affordability can be challenging.
Global Petrol Prices, a platform that publishes up-to-date information on retail energy prices, found that while comprehensive data on electricity prices in all African countries is challenging due to varying tariffs, subsidies, and market dynamics, there are identifiable trends in electricity pricing across the continent.
According to the survey, Cape Verde has the highest electricity prices for households in Africa, with one kilowatt-hour costing approximately $0.316. Mali and Rwanda follow closely, with households paying $0.219 and $0.207 per kilowatt-hour, respectively.
Addressing the issues of irregular electricity supply and high pricing requires a collaborative effort by governments, policymakers, and energy companies.
Infrastructure investments, renewable energy sources, and efficient distribution networks are critical to ensuring that everyone has access to reliable and inexpensive electricity. It is heartening to see African nations boosting their investment in this essential undertaking.
The following are the five African countries with the highest electricity tariffs:
| Rank | Country | Price of electricity (kilowatt/hour) | Global rank |
|---|---|---|---|
| 1. | Cabo Verde | $0.316 | 20th |
| 2. | Mali | $0.219 | 37th |
| 3. | Rwanda | $0.207 | 42nd |
| 4. | Burkina Faso | $0.206 | 43rd |
| 5. | Gabon | $0.205 | 44th |