What exactly do we mean by green growth? For us, it’s not just about riding bikes and planting trees. The Korea Green Growth Trust Fund (KGGTF) defines green growth as adopting an innovative approach toward reaching nations’ goals for sustainable development and addressing climate change. It is a framework for decision-making and a proven process for turning people’s hopes into reality.
Last month, in Mauritania, I stopped by a village just north of the Senegal river. As we drank tea under a patchy old tent, an old man pointed to the surrounding savannah – grassland with the odd acacia tree.
Through targeted programs and internships, the World Bank benefits from investing in the talent of young African professionals, and has much to gain by investing in more. Below is a list of career opportunities available for young Africans who are interested in working at the World Bank. The jobs are stationed both at the headquarters in Washington, DC and the Africa country offices. All of these opportunities are paid and require fluency in English. However, fluency in at least one other Bank language (French, Spanish, Russian, Arabic, Portuguese, or Chinese) is an advantage. As a young African, I encourage any fellow African youth to consider these opportunities and pass them along to interested peers.
As African Presidents, Prime Ministers, and business leaders arrive in Washington to attend the first US-Africa Summit, one topic that will be paramount in their discussions with President Obama and his Cabinet is: how governments and families can access affordable electricity across the African continent.
Consider the facts: one in three Africans, that’s 600 million people, has no access to electricity. Neither do some 10 million small and medium-sized enterprises. Those homes and businesses fortunate enough to have power pay three times as much as those in the United States and Europe; furthermore, they routinely endure power outages that cost their countries from one to four percent in lost GDP every year.
Despite the fact that Africa is blessed with some of the world’s largest hydropower and geothermal resources (10-15 GW of geothermal potential in the Rift Valley alone), bountiful solar and wind resources, as well as significant natural gas reserves, total power generation capacity in Africa is about 80,000 megawatts (MW) (including South Africa), roughly the same as that of Spain or South Korea.
As Africa enters its 20th consecutive year of economic expansion, with the World Bank forecasting that Africa’s GDP growth will remain steady at 4.7 percent in 2014, and strengthening to 5.1 percent in each of 2015 and 2016, the continent needs more electric power. Specifically, Africa needs to add 7,000 MW of generation capacity each year to meet the projected growth in demand, yet it has achieved only 1,000 MW of additional power generation annually.
Over the last week I visited Cameroon and the Democratic Republic of the Congo, two of Africa’s so-called ‘fountain states.’ The resources in these two countries – along with Guinea, Ethiopia, and Uganda – can generate enough hydroelectricity to satisfy the growing demand in Africa. I saw the range of applications for which this power is needed, and I saw clear solutions.
In Eastern Cameroon I visited the construction site for the Lom Pangar hydropower project. Once construction is complete and the reservoir is filled in the next couple of years, this new dam on the Sanaga River will improve the reliability of power supply and lower the cost for up to five million Cameroonians. The Lom Pangar project will also pave the way for developing the full 6,000 MW of hydropower potential of the Sanaga River by regulating the flow of the river.
In the Democratic Republic of Congo, last week, I visited the Inga hydropower site on the mighty Congo River. DRC’s overall hydropower potential is estimated at 100,000 MW, the third largest in the world behind China and Russia, yet only 2.5% of this key resource has been developed. With 40,000 MW of generation potential, Inga is the world’s largest hydropower site. Its proper development can make Inga the African continent’s most cost-effective, renewable source of energy with an estimated generation cost of US$ 0.03 per kilowatt hour with little or no carbon footprint--a significant added virtue.
Stretching for more than 1,800 kilometers across Guinea, Mali, Senegal and Mauritania, the Senegal River is the third longest river in Africa. In a region such as the Sahel, which is plagued by drought, poverty, and underdevelopment, access to a water resource such as the Senegal River is critical to local populations who rely on it for energy production, land irrigation, and potable water.
The Association of African Universities—AAU for short—held its 13th general conference last week in Libreville, Gabon. Representing the World Bank at this conference, I had a great opportunity to engage with this vibrant university community. A community which is expanding fast as demand for higher education is skyrocketing thanks to Africa’s “youth bulge”, that is, as the share of young people in the population is increasing in many countries. Private universities are mushrooming everywhere.
- “Artisanal miners are poor exploited human beings who are forced to dig for minerals under unbearable circumstances. They should be liberated.”
- “Artisanal miners are elephant poachers who destroy the environment. They should be evicted.”
- “Artisanal miners are successful small entrepreneurs. They should be supported and stimulated.”
- “Artisanal miners are economically inefficient. They should be replaced by large scale industrial operators.”
- “Artisanal miners are illegal and do not contribute any revenue to the state. They need to be registered and controlled.”
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In Sub-Saharan Africa, many local journalists suffer attacks, imprisonment or even death for reporting on corruption, public spending or the mismanagement of natural resources. In Africa, at least 41 journalists are spending this World Press Freedom Day behind bars.
While there is a clear recognition by international institutions that corruption and good governance are key to poverty alleviation, there seems to be much less understanding of the importance of an enabling environment, as a complement to training and capacity building, in order for the press to meaningfully contribute to greater accountability and transparency, such as natural resources exploitation.
For example, new oil discoveries in East Africa have the potential to lift millions out of poverty if the profits actually benefit the citizens in that region. The optimism is dashed by the proverbial “resource curse,” that’s plagued the likes of Nigeria, Angola and Equatorial Guinea, where poor governance, wealth disparity and poverty persist. The fog of secrecy and opacity surrounding oil exploitation deals has also caused concern.