Energy Security and the Future of Development in Africa

African development has become a major discussion issue both in and outside Africa. The continent is seen as the new and rising destination for capital and investment. It has seen both the financially rich Eastern and Western bloc of nations competing for African attention. However, this development...

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Main Authors: Asuelime, Lucky E., Simura, Blessing
Format: Book chapter
Language:English
Published: Palgrave Macmillan 2021
Subjects:
Online Access:https://link.springer.com/chapter/10.1057/978-1-349-95232-8_52
http://hdl.handle.net/11408/4584
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author Asuelime, Lucky E.
Simura, Blessing
author_facet Asuelime, Lucky E.
Simura, Blessing
author_sort Asuelime, Lucky E.
collection DSpace
description African development has become a major discussion issue both in and outside Africa. The continent is seen as the new and rising destination for capital and investment. It has seen both the financially rich Eastern and Western bloc of nations competing for African attention. However, this development rush is not uniform across the whole continent, given that Africa is made up of 54 countries that have different levels of enabling environments and varied developmental strides. The major element that is critical for development both in social and business terms is energy security. The main thrust of this chapter is to argue that for Africa to take off and compete with other emerging economies there is need for massive investment in the energy sector.
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spelling ir-11408-45842022-06-27T13:49:05Z Energy Security and the Future of Development in Africa Asuelime, Lucky E. Simura, Blessing Energy Security Future Development Africa African development has become a major discussion issue both in and outside Africa. The continent is seen as the new and rising destination for capital and investment. It has seen both the financially rich Eastern and Western bloc of nations competing for African attention. However, this development rush is not uniform across the whole continent, given that Africa is made up of 54 countries that have different levels of enabling environments and varied developmental strides. The major element that is critical for development both in social and business terms is energy security. The main thrust of this chapter is to argue that for Africa to take off and compete with other emerging economies there is need for massive investment in the energy sector. 2021-11-24T09:46:31Z 2021-11-24T09:46:31Z 2017 Book chapter 978-1-349-95232-8 https://link.springer.com/chapter/10.1057/978-1-349-95232-8_52 http://hdl.handle.net/11408/4584 en The Palgrave Handbook of African Politics, Governance and Development, : p. 841-851; open Palgrave Macmillan
spellingShingle Energy Security
Future
Development
Africa
Asuelime, Lucky E.
Simura, Blessing
Energy Security and the Future of Development in Africa
title Energy Security and the Future of Development in Africa
title_full Energy Security and the Future of Development in Africa
title_fullStr Energy Security and the Future of Development in Africa
title_full_unstemmed Energy Security and the Future of Development in Africa
title_short Energy Security and the Future of Development in Africa
title_sort energy security and the future of development in africa
topic Energy Security
Future
Development
Africa
url https://link.springer.com/chapter/10.1057/978-1-349-95232-8_52
http://hdl.handle.net/11408/4584
work_keys_str_mv AT asuelimeluckye energysecurityandthefutureofdevelopmentinafrica
AT simurablessing energysecurityandthefutureofdevelopmentinafrica