Renewable energy consumption in Sub-Saharan Africa stood at 74.29 in 2023. Over the last decade, there has been a mixed trend in year-on-year variation, with some years showing slight declines and others moderate growth. A significant uptick began in 2020 with a 2.77% increase, followed by annual growth rates of over 1% through 2023. The five-year Compound Annual Growth Rate (CAGR) leading up to 2023 was 1.71%. Forecasts indicate steady growth with a forecasted five-year CAGR of 0.49% and a total growth rate of 2.45% by 2028.
Future trends to watch for:
• Technological advancements in renewable energy.
• Policy changes from governments supporting green energy.
• Investment influx from international bodies.
• Infrastructure development in renewable energy.
• Socio-economic factors influencing energy consumption patterns.
