Massive Electricity Demand Growth3 Jun 2023 14:07
"Tanzania’s electricity demand is growing at an annual rate of 13.82 percent, and will outstrip the country’s installed capacity,"
According to the Global Transmission Report, Tanzania’s power needs are expected to rise from 10,176GWh in 2022 to 28,663GWh in 2030, which requires approximately 9,000MW of new generation added to the grid in the next eight years.
From allAfrica... "Available data shows that 63.5 per cent of the households in the country use firewood as the main source and 26.2 per cent use charcoal for cooking.
Only a fraction of the population at 5.1 per cent use Liquefied Petroleum Gas (LPG) as a source of cooking, while 3 per cent use electricity. The figures show that 2.2 per cent use other sources of energy.
The use of firewood and charcoal for cooking is attributed to an array of acute health problems including respiratory infections, chronic pulmonary diseases, and perinatal and infant mortality.
The data also show that some 33,000 people die prematurely every year in Tanzania from illnesses attributable to household air pollution. Women and children are the vulnerable groups in this case."
The truth is that most investors including myself put their hard earned cash into investments for the financial rewards they hope to enjoy. Personally I would not invest in anything I thought was bringing death and misery to people, but it would give me a positive feeling to know that what I invest here can bring a further reward by helping to put light into the lives of so many who live in poverty; even more so if it helps to prevent 33,000 deaths per year in the future.
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