Power generation, a commodity which is generally scarce on the African continent, can create nodes of economic activity that can benefit the local community and help develop small and medium- sized enterprises.

Ernst & Young corporate finance partner Loyiso Jiya says this ideal scenario requires that both African governments and the multinational companies with investments on the African continent should revert to the drawing board and re-evaluate how they could leverage their resources, skills and expertise for the benefit of all.

"African governments should demonstrate sufficient political will to drive and spearhead power gener- ation in their respective countries. The availability of a sustainable and viable power-generation...

Full Story...

Posted by rjorr at April 21, 2006 4:30 PM