Alternative Africa

Top Menu

  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

Main Menu

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

logo

Alternative Africa

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
  • IOM resettles 183 refugees from Chad, Sudan in France

  • Algeria elects former PM, Abdelmadjid Tebboune as new president

  • AfDB, AUDA-NEPAD to roll-out Africa’s electricity market master plan

  • My Ultimate Target Is To Represent My Country, Says Nigerian Youngster Who Joined Dubai’s FC Dhaid

  • Nigeria opens negotiation with Bosnian govt over detained students

BusinessNews Now
Home›Business›Power outages in Sub-Saharan Africa cost companies 31% in sales-Study

Power outages in Sub-Saharan Africa cost companies 31% in sales-Study

By alternativeafrica
September 7, 2018
263
0
Share:

London, September 7, 2018 (AltAfrica)-In Sub-Saharan Africa, countries with unreliable power cost some companies as much as 31 percent in sales, according to a new study released by the Centre for Global Development.

Researchers from the Center for Global Development (CGD) examined data from more than 3,000 firms in 37 African countries in an effort to examine how businesses across Sub-Saharan Africa respond to frequent power outages, and what it means for their businesses’ bottom lines and growth prospects.

While there’s a lot of effort put into providing solar panels and generators to African households to power their daily lives, to actually change the economic development equation in Africa we must focus our efforts on the energy infrastructure that can power businesses,” said Vijaya Ramachandran, the study’s lead author and a senior fellow at CGD. “We found that unreliable power can have a major impact on businesses, dampening their growth prospects and undermining job creation opportunities.”

The study found:

  • In some of the continent’s largest economies like Nigeria, Angola, and Ghana, more than 25% of businesses lose double-digit sales due to power outages—with some firms averaging losses of 31%.
  • The largest grouping of firms are just surviving. Thanks to a heavy reliance on generators their sales are mostly unaffected by power outages, but they average just 3% growth.
  • Across the continent, some firms have grown rapidly despite frequent power outages—even in very poor countries.
  • In middle-income countries, especially in Southern Africa, many firms suffer relatively limited power outages and don’t see significant effects on sales.
  • The hardest-hit firms average more than 200 hours without power each month, while even the least-affected firms average more than 10 hours per month.
  • Some individual firms report losing over 70% of their sales.

“Of course, there’s no single story of how African businesses cope with unreliable power, but it’s clear that across the continent, a huge number of firms suffer high costs and lost sales,” said Ramachandran. “Better power infrastructure could enable business growth, create jobs, and produce better economic outcomes for the region.”

cgdev.org

SHARE ON:
TagsAfricaInfrastructureNewspower
Previous Article

Chinese Consortium Begins 3050MW Mambilla Power Project ...

Next Article

Ivory Coast: cashew nut slump on low ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

alternativeafrica

Related articles More from author

  • News Now

    Militants kidnap four British missionaries – Nigerian police

    October 18, 2017
    By alternativeafrica
  • News NowWorld

    Will the GCC summit resolve the ongoing crisis?

    December 4, 2017
    By alternativeafrica
  • News NowWorld

    UN urges Myanmar to end Rohingya violence

    September 13, 2017
    By alternativeafrica
  • Editorials

    Africa is not poor, her wealth is stolen

    May 12, 2017
    By alternativeafrica
  • News Now

    23-year-old Ntaku Zibabaka dies suddenly in Angola during training

    January 10, 2018
    By alternativeafrica
  • News NowWorld

    Evacuation ends as ISIL defeat in Syria’s Raqqa nears

    October 15, 2017
    By alternativeafrica

Leave a reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You might be interested

  • AfricaEnvironmentNews Now

    Zambia: Authorities revives plan to cull 2,000 hippos over next five years

  • News NowPolitics

    DRC: Respect election rules or risk chaos, opposition leaders tell Kabila

  • BusinessNews Now

    As Ian Khama hands over power, what will change in Botswana under the new President Mokgweetsi Masisi?

Timeline

  • December 13, 2019

    IOM resettles 183 refugees from Chad, Sudan in France

  • December 13, 2019

    Algeria elects former PM, Abdelmadjid Tebboune as new president

  • December 13, 2019

    AfDB, AUDA-NEPAD to roll-out Africa’s electricity market master plan

  • December 13, 2019

    My Ultimate Target Is To Represent My Country, Says Nigerian Youngster Who Joined Dubai’s FC Dhaid

  • December 13, 2019

    Nigeria opens negotiation with Bosnian govt over detained students

  • Popular

  • Comments

  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • THE TRINKET BOX-A JEWELLERY STORE OF DISTINCTION

    By alternativeafrica
    December 29, 2018
  • Nigeria: Ebonyi state to construct $4 m solar power factory

    By alternativeafrica
    March 29, 2019
  • Year in Review: 2018 in 14 Charts-World Bank

    By alternativeafrica
    December 25, 2018
  • Nigerians in UK, UAE begin enrollment for National Identification Number

    By alternativeafrica
    March 26, 2019
  • Algeria elects former PM, Abdelmadjid Tebboune as new president | Alternative Africa
    on
    December 13, 2019

    AfDB, AUDA-NEPAD to roll-out Africa’s electricity market master plan

    […] AfDB, AUDA-NEPAD to ...
  • AfDB, AUDA-NEPAD to roll-out Africa's electricity market master plan | Alternative Africa
    on
    December 13, 2019

    Nigeria commissions first solar mini-grid under World Bank electrification project

    […] READ ALSO: NIGERIA ...
  • My Ultimate Target Is To Represent My Country, Says Nigerian Youngster Who Joined Dubai’s FC Dhaid ...
    on
    December 13, 2019

    Nigeria opens negotiation with Bosnian govt over detained students

    […] Nigeria opens negotiation ...
  • Nigeria opens negotiation with Bosnian govt over detained students | Alternative Africa
    on
    December 13, 2019

    Abused, deported, the plight of two Nigerian students in Croatia

    […] RELATED: ABUSED, DEPORTED, ...
  • How UK newspapers use push alerts to skew negative on Labour, positive for Tories-Guardian Analysis | ...
    on
    December 13, 2019

    Man arrested for attempting to blow up polling station amidst longest queues in UK election

    […] Man arrested for ...
AlternativeAfrica.com is an independent Pan African News Website dedicated primarily to influencing the negative narratives about Africa. We hope to do this by focusing and showcasing the many developmental strides sweeping across the continent.

Read more >>>

Contact Info

  • 22 Laburnum Court, Laburnum Road, Mitcham London, CR4 2NA, United Kingdom
  • +44(0)2036320939 | +44(0)7535019197 | +44(0)7305356327
  • info@alternativeafrica.com
  • Recent

  • Popular

  • Comments

  • IOM resettles 183 refugees from Chad, Sudan in France

    By alternativeafrica
    December 13, 2019
  • Algeria elects former PM, Abdelmadjid Tebboune as new president

    By alternativeafrica
    December 13, 2019
  • AfDB, AUDA-NEPAD to roll-out Africa’s electricity market master plan

    By alternativeafrica
    December 13, 2019
  • My Ultimate Target Is To Represent My Country, Says Nigerian Youngster Who Joined Dubai’s FC ...

    By alternativeafrica
    December 13, 2019
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • THE TRINKET BOX-A JEWELLERY STORE OF DISTINCTION

    By alternativeafrica
    December 29, 2018
  • Nigerians in UK, UAE begin enrollment for National Identification Number

    By alternativeafrica
    March 26, 2019
  • Year in Review: 2018 in 14 Charts-World Bank

    By alternativeafrica
    December 25, 2018
  • Algeria elects former PM, Abdelmadjid Tebboune as new president | Alternative Africa
    on
    December 13, 2019

    AfDB, AUDA-NEPAD to roll-out Africa’s electricity market master plan

    […] AfDB, AUDA-NEPAD to ...
  • AfDB, AUDA-NEPAD to roll-out Africa's electricity market master plan | Alternative Africa
    on
    December 13, 2019

    Nigeria commissions first solar mini-grid under World Bank electrification project

    […] READ ALSO: NIGERIA ...
  • My Ultimate Target Is To Represent My Country, Says Nigerian Youngster Who Joined Dubai’s FC Dhaid ...
    on
    December 13, 2019

    Nigeria opens negotiation with Bosnian govt over detained students

    […] Nigeria opens negotiation ...
  • Nigeria opens negotiation with Bosnian govt over detained students | Alternative Africa
    on
    December 13, 2019

    Abused, deported, the plight of two Nigerian students in Croatia

    […] RELATED: ABUSED, DEPORTED, ...

Photostream

    Follow us

    • Home
    • About Us
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © Copyright Alternative Africa 2019. All rights reserved.