Commercial & Industrial Solar in Sub Saharan Africa: Market Size (May 2024)

Nigeria, South Africa, Ghana and Kenya account for 20.12% of the continent's 245 GW total installed electricity capacity. 

Reliable electricity is a vital driver of the commercial and industrial (C&I) sectors. A key sector like manufacturing is crucial across all four countries, contributing an average of 11.32% to their GDP. 

 

Moreover, their growing urban populations and an emerging middle-income class fuel rapid expansion in the construction, real estate and service sectors such as banking and insurance. 

However, these countries struggle with insufficient power generation, transmission and distribution capacity to meet growing demand. In 2023, South Africa experienced only 33 days of uninterrupted electricity supply due to worsening load shedding. Similarly, Kenya suffered three nationwide blackouts and over 115 hours without power due to a poor grid network, disrupting critical C&I activities. In Nigeria, frequent blackouts are the norm; 68% of customers receive only 1-9 hours of electricity. C&I customers, therefore,

This story is only available to Premium subscribers Subscribe or sign in to finish reading

Not ready to subscribe? Register to read a selection of free stories

Sammy Jamar

Sammy Jamar

Read Latest

Limited Partner Profile: FSD Africa

PREMIUM - 02 APR 2025

Weekly Africa Macro Update: March 24-28, 2025

PREMIUM - 31 MAR 2025

April 2025 Africa Macro Outlook

PREMIUM - 31 MAR 2025

Financial Services Transaction Brief: Renew Capital Invests in South African Payment Service Provider, NjiaPay

PREMIUM - 28 MAR 2025

Download our mobile app for a more immersive reading experience

Scan QR code
mobile download