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22. Idem.
23. An econometric analysis by the WB showed that infrastructure projects’
cancellation rates are higher by 9 percentage points in SSA than any
other region in the world because of weak institutional capacity. For
further details, refer to:
Clive Harris & Kumar V. Pratap: What Drives Private Sector Exit from
Infrastructure? Economic Crises and Other Factors in the Cancellation
of Private Infrastructure Projects in Developing Countries, WB Gridlines,
Note No. 46, March 2009, p. 2.
24. Consumers in African countries need to be aware of the importance of
economizing power.
25. For example, some government departments do not pay their electric
bills. Also, due to weak law enforcement, utilities collect only 70% to 90%
of their bills, and vandalism is often left unpunished.
26. United Nations Industrial Development Organization (UNIDO): Module
2: The Energy Sector in Africa, Training Manuals on Sustainable Energy
Regulation and Policymaking for Africa, p. 7.
http://www.unido.org/fileadmin/media/documents/pdf/EEU_Training_
Package/Module2.pdf
27. UNEP: Private Financing of Renewable Energy:AGuide for Policymakers,
December 2009, p.3.
28. UNEP: Financing Renewable Energy…, op. cit., p. 25.
29. PV Magazine: South Africa: Grid Parity within Sight, but Refit Needs to
Be Implemented Soon, 2010, at:
http://www.pv-magazine.com/news/details/beitrag/south-africa-
- g r i d - p a r i t y - w i t h i n - s i g h t - - b u t - r e fi t - n e e d s - t o - b e - i m p l e m e n t e d -
soon_100000754/#axzz3zrUgfRlk, Visited on: 11/02/2016
30. Bloomberg: Wind Turbine Prices below 1 Million Euros a Megawatt,
2011, at:
http://www.bloomberg.com/news/articles/2011-02-07/wind-turbine-prices-
fall-below-1-million-euros-per-megawatt-bnef-says, Visited on: 11/02/2016.
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