Energy

Powering Prosperity: Why Energy Is at the Heart of Africa’s Economic Future

We believe energy is the lifeblood of economic growth, and for Africa to thrive, it must overcome its energy challenges. Strategic and substantial investments in energy infrastructure underpin the development success stories of nations worldwide. Africa and Nigeria in particular, cannot afford to be left behind.

Today, the limited availability of electricity for both commercial and domestic use continues to stifle productivity, raise the cost of doing business, and limit opportunities across every sector. Despite being home to over a billion people, Africa generates only 4% of global electricity. This stark imbalance must change.

Africa’s ambition for rapid industrialization depends on a stable, efficient, and sustainable electricity supply. However, most consumers across the continent still rely on self-generated power—a costly alternative that continues to cripple business growth. According to the World Bank, over 500 million people in Sub-Saharan Africa still lack access to modern energy solutions.

Nigeria, with a population of more than 200 million, generates just 3,879MW of electricity, compared to South Africa’s 58,095MW, serving a population of just 54 million. This gap highlights the urgent need for investment in Nigeria’s power sector.

With global energy demand projected to surge by 2030, and Africa’s 101.8 billion barrels of proven oil reserves (8.87% of global reserves), the continent offers immense potential for energy investors. Whether it’s oil, gas, solar, wind, or hydro, the energy deficit presents a compelling investment case.

At DFC Holdings, we’re committed to building a prosperous Africa by addressing the continent’s energy challenges. We are investing heavily in infrastructure, innovation, and partnerships to unlock Africa’s energy potential. Through our subsidiary, DFC Energy Serve, and our affiliate and strategic partner, Genesis Energy Group, we’re working to reduce Africa’s energy deficit by at least 5%, enabling growth for industries, businesses, and communities.

As the world pivots toward cleaner energy alternatives and electric mobility, DFC Holdings stands ready to lead Africa’s energy transformation. For investors, this is more than an opportunity; it’s a legacy.

Want to collaborate or work with us? We’d love to hear from you.

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