African Enterprises identify access to electricity as their greatest obstacle to growth.
Across the continent, electricity remains expensive and often unreliable.
At the same time, solar power has dramatically fallen in cost. Solar is now a cheaper alternative for African companies.
However despite the economics, Enterprises do not adopt renewable energy solutions for the following key reasons:
1. The high upfront cost to purchase solar power assets
2. The technical challenge of owning and maintaining independent power production