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Electricity Regulatory Index report for Africa says Uganda is best

Electricity Regulatory Index report for Africa says Uganda is best

Uganda once against leads the African Development Bank’s annual Electricity Regulatory Index Report. According to the index, Uganda, along with other top performers Namibia (2), Tanzania (3), Zambia (4) and Kenya (5), have regulators with the authority to exert the necessary oversight on the sector. However, the overall electricity regulatory frameworks of African countries is poorly developed and most countries experience major regulatory weaknesses.

A flagship report of the AfDB, the Electricity Regulatory Index Report is a composite index which measures the level of development of electricity sector regulatory frameworks in African countries against international standards and practices.

The ERI 2020 covers 36 countries, having started with 15 countries three years ago. This year it recorded significant improvement in key regulatory indicators in some countries such as improvement in licensing frameworks and provision of transparent processes for investors’ entry into the electricity sectors in certain countries.

Click on the link below for full report

Source: EsiAfrica

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