Abuja — The African Development Bank (AfDB) has said that the level of regulatory independence in 15 African countries has remained poor even after about two decades of electricity market regulation in those countries.
It said in a new report - "Electricity Regulatory Index for Africa (ERI)," which it launched at the 2018 Africa Energy Forum (AEF) in Mauritius, that stronger regulatory independence was required to accelerate investment in energy and power assets in Africa.
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