Energy Crisis Of Uganda, And The Greater Eastern African Community

Decent Essays
Currently within Uganda, and the greater Eastern African Community, there exists an energy crisis that is heavily affecting the economic stability within the region. The average electrification rate within the EAC as of 2014 was 14%. (energyaccessreview, esmap) Comparatively, Uganda’s average electrification rate is 4%, while Sub-Saharan Africa’s electrification rate is 31% and the average electrification rate worldwide is 81%.( Being that Uganda is so far behind the rest of the world in terms of energy production and distribution to its people, President Museveni and his counsel have decided to make the production of green energy one of their top priorities.(newvision) The goal as it stands, is to ultimately increase the…show more content…
(cnbcafrica, worldbank) Despite all of the money that Uganda is able to make by exporting coffee, petroleum, and other resources, it is still in $7 billion worth of debt, and the number only continues to grow. Because of the comparably large debt that Uganda has accumulated, members of the parliament have expressed concerns over the financial budget, and future spending.(theeastafrican) In Uganda today, $1.2 billion of refined petroleum is imported every year in order to power the nation.(mit) This cost is by far the largest portion of Ugandan import spending, and successfully replacing the country’s reliance on petroleum with domestic green energy will ultimately decrease their debt and create a healthier economy within Uganda. Initially, such programs may drain money from the government’s budget and possibly put the country into further debt, but they very quickly cut down on the amount spent annually on importing such large amounts of fossil fuels and increasing the amount spent within the domestic energy market, as well as create thousands of jobs for workers, engineers, and business people. At the moment, the creation of large power plants opens up the opportunity for many different organizations to establish themselves, whether they be private businesses, community based organizations, or government initiatives, and all of these will create more jobs in the marketplace and create competition
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