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How Africa Can Transform Into an Industrial Powerhouse

Virtually every wealthy nation uses power abundantly, with electricity consumption and GDP growth closely linked. Some 80% of all people who live without electricity live in Africa, a problem that’s long hobbled the continent’s industrial development. So why isn’t Africa getting the energy it needs? We look at the reasons behind its power problem, and how it might soon be solved. #Electricity #Africa #SolarPower #GreenTechnology #Development #Energy 0:00 Africa’s Power Problem 1:33 Titlecard 1:16 Africa’s Unrealised Potential 2:09 How a Lack of Power Holds Back Industry 3:13 Generators Aren’t Good Enough 3:53 The Challenge of Investment 4:51 Africa’s Biggest Hydroelectric Dam 6:04 Crowdfunding a Dam 6:50 How Green Technology is Empowering Citizens 7:50 The World Bank’s Billion Dollar Bet 8:16 Are Hypocritical Green Policies Holding Africa Back? 9:11 Conclusion -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_... Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptio... Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.