There is a strong correlation between electricity consumption and economic growth. However, electricity inaccessibility and unremitting power shortages hamper initiatives for economic growth and raising the standard of living for almost one billion people across sub-Saharan Africa. 

Expanding capacity and improving performance of generation, transmission and distribution of electricity requires considerable investment and while various governments prioritise expanding electricity supply, many require private sector capital as they simply cannot raise the finance that the necessary advancements require.

Chiboni Evans, CEO at South African Electrotechnical Export Council, talks to Classic Business Breakfast with Moneyweb about the importance of the private sector in the energy sector.