Sierra Leone secured the 10th spot in the list of African countries with the highest electricity, with a rate of $0.155 per kilowatt-hour, ranking 65th globally.
Sierra Leone is placed in this position as the nation grapples with multifaceted challenges associated with high electricity costs.
Recent reports from Yahoo Finance indicate that the global electricity market is soaring, currently valued at over $1.94 trillion and projected to hit a staggering $3.9 trillion by 2032. This surge is attributed to a 3.3% year-on-year increase in electricity demand fueled by population growth and economic development.
While Africa maintains comparatively low electricity costs on a global scale, certain regions grapple with prices that strain household incomes. Additionally, inadequate electricity supply exacerbates the urgency for comprehensive energy solutions across the continent.
As Africa charts its course toward economic prosperity, Sierra Leone’s high electricity cost has been a burden to its citizens. Addressing power industry challenges becomes crucial for maximizing revenue and ensuring sustainable growth across the nation.
The data set was last dated March 2023. With that said, below are the African countries in 2023 with the highest electricity prices in kilowatts per hour.
Rank Country Price of electricity (kilowatt/hour) Global rank
1. Cabo Verde $0.316 20th
2. Mali $0.219 37th
3. Rwanda $0.207 42nd
4. Burkina Faso $0.206 43rd
5. Gabon $0.205 44th
6. Togo $0.194 48th
7. Senegal $0.183 52nd
8. Kenya $0.172 56th
9. Uganda $0.170 58th
10. Sierra Leone $0.155 65th
