An estimated 1.2 billion people – 17 per cent of the global population – did not have access to electricity in 2013; this is according to the International Energy Agency statistics.
Since then nothing much has changed in as far as bridging the gap is concerned.
More than 95 per cent of those living without electricity are in countries in Sub-Saharan Africa and developing Asia, and they are predominantly in rural areas which are around 80 per cent of the world total.
“These numbers reflect the fact that indeed Africa is a developing continent with many developing economies constituting that,” said Austin.
“There is a degree of link historically between access to electricity and the degree of electrification of the country,” he added.
He also said this link also has an impact in a country’s future growth prospects and economic strength.
Austin also said that South Africa was to be commended for running a world class renewable energy independent producer power project.
He also said many African countries were taking cue from successes registered in South Africa.
“The success of South Africa is being noticed and there is improved interest to develop grid capacity across the continent.”
CNBC Africa spoke to Greg Austin, Managing Director of Juwi Renewable Energies on his views regarding the energy space.