As of 2023, the hydroelectricity generation in West Africa stood at 26.03 Terawatthours. Between 2013 and 2023, the generation has shown an overall increasing trend. The current Compound Annual Growth Rate (CAGR) over the last five years is 5.47%. Year-on-year variations include notable increases such as an 18.67% rise in 2017 and a 12.89% rise in 2019, whereas 2020 saw a slight decline of 0.3% compared to the previous year. Over the last two years, hydroelectricity generation grew by 1.15% in 2023 and 6.83% in 2022.
Looking towards the future, forecasted values indicate a CAGR of 1.09% from 2024 to 2028, with an estimated growth rate of 5.58% by 2028. This suggests a slower but steady increase in hydroelectricity generation over the next five years.
Future trends to watch for include technological advancements, governmental policies focusing on renewable energy sources, and investments in infrastructure which could further either expedite or stabilize the growth trajectory of hydroelectricity generation in the region.
