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High Commission of Republic of Rwanda Republic of Uganda

AFRICAN GOVTS URGED TO HARMONISE ENERGY LAWS TO ATTRACT INVESTMENTS



African governments have been urged to harmonise regulatory and legal frameworks to attract more investors into the continent’s energy sector.

Kipyego Cheluget, the Common Market for Eastern and Southern Africa (COMESA) assistant secretary general for programmes, said uniform laws could play a big role in attracting more energy investors to drive Africa’s generation and distribution capacity.

Speaking during the opening of the 3rd iPAD Rwanda Energy Infrastructure summit in Kigali, yesterday, Cheluget cited the COMESA region, saying it lacks investments in the energy and infrastructure sectors, generally, despite the increasing demand for power in the bloc.

“It is, therefore, imperative that we expedite policies that will attract investments into the energy sector to facilitate trade and development on the continent,” he said.

Read More: www.newtimes.co.rw/section/article/2016-11-02/204966/



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