The African Growth Financial institution Group just lately held a two-day workshop for electrical energy sector regulators and utilities on its annual flagship report, the Electrical energy Regulatory Index for Africa((ERI).
The workshop was held from 25th to 26th Might 2022 in Nairobi, as a hybrid occasion. It noticed the primary in-person conferences on the report for the reason that Covid-19 pandemic and introduced collectively over 70 contributors. The workshop was organized as a part of actions for the event of a fifth version of the report.
Giving opening remarks on behalf of the African Growth Financial institution’s Director-Basic for East Africa, Callixte Kambanda, Supervisor for the Power Coverage, Regulation and Statistics Division, re-affirmed the group’s dedication to utilizing the index as a software to deal with regulatory gaps with the goal of enhancing energy sector regulation in Africa.
He stated the current initiative from the Financial institution is supporting regulators by means of digitization packages, “to strengthen technical regulation, financial laws, governance and data liberalization by means of using digital instruments, fashions and software program.”
Rhoda Mshana, Chief Energy Sector Rules Specialist on the African Growth Financial institution, famous that Uganda has been the highest performing nation within the ERI for the reason that inception in 2018. She stated Uganda’s Electrical energy Regulatory Authority continues to outperform within the ERI because it continues to develop and enhance their regulatory actions. The nation prioritizes studying and growth with a deal with actions that can enhance sector efficiency and entice investments, she stated.
The workshop which introduced collectively a number of regulators and utilities from throughout the continent was additionally a platform for international locations to share experiences and information. 4 international locations; Kenya, Senegal, Eswatini and Togo introduced the regulatory developments of their international locations, showcasing how they’ve applied ERI suggestions since collaborating within the ERI. The international locations used the ERI as a diagnostic software to help them to develop a roadmap of actions and actions to strengthen their regulatory capacities in addition to enhance the sector total.
Marc Kouakani from Togo’s electrical energy regulator, Autorité de Réglementation du secteur de l’Electricité (ARSE), stated the regulator was benefitting from technical help from the Nationwide Affiliation of Regulatory Utility Commissioners (NARUC) facilitated by the Financial institution to strengthen its financial regulation actions primarily based on findings from the ERI.
The ERI, a flagship of the African Growth Financial institution, is a composite index that measures the extent of growth of electrical energy sector regulatory frameworks in African international locations in opposition to worldwide requirements and finest apply. The report is launched yearly after a collection of consultations to interact collaborating regulators and utilities as a part of its methodology.
Since its inception in 2018, the African Growth Financial institution has produced 4 editions, with the 2022 report being the fifth version. The physique has 43 international locations as members as of 2021 with plans to extend the quantity to 45 this 12 months. The ERI solely covers African international locations with unbiased energy regulators.
Different contributors and beneficiaries of ERI follow-up assist expressed their appreciation.
“Ghana is benefitting from the assist of the Financial institution by means of KOAFEC and USAID/ Energy Africa funding to develop a Database Administration System (DBMS) and capability constructing and advocacy with the civil society stakeholders inside the ongoing tariff assessment framework,” stated Mr. Eric Kyem from the Public Utility Regulatory Fee.