Opening the conference, PS for Energy, Eng. Joseph Njoroge said, “The future of energy for Africa is a great idea that will facilitate the transformation from agro to industrial base in Kenya. The energy sector is important and without investors output it would be difficult to change Africa. We would want to create a reliable, cost effective and competitively priced energy services that will make other African countries relocate to Kenya to invest.”
“We have the opportunity for cost effective labour and space in the country that will aid in pushing forward industrialization hence growing the Gross Domestic Product (GDP),” he added.
Commenting at the event, Event Director, Claire O’Connell thanked the Ministry of Energy and Petroleum for their continued support in bringing together ministries, international organizations and businesses in the region.
The demand for power in East Africa is expected to grow at approximately 5.3 per cent per year until 2020 and to meet the needed requirements, generation capacity will have to increase and governments in partnership with investors will have to build a favourable environment to facilitate growth and affordable energy to the region. Kenya takes pride in creating an enabling middle income economy by implementing the Kenya Vision 2030.