Publication - Electricity Regulatory Infex (ERI) for Africa, 2021 Edition

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Title

Electricity Regulatory Index (ERI) for Africa, 2021 Edition

Publisher

ERI

Author

ERI

Published in

December 2021

Abstract

The African Development Bank Group's flagship Electricity Regulatory Index for Africa (ERI) measures the level of development of the regulatory framework for the electricity sector in African countries and the capacity of regulatory authorities against internationally accepted best practices. An effective, transparent, predictable, and enforceable regulatory framework is widely recognized as a key component of any sustainable electricity sector as it establishes clear rules, standards, and practices for the stakeholders. This sends good signals to private investors and gives them the needed confidence to commit to long-term energy investments.

This report is the fourth edition of the Electricity Regulatory Index (ERI) covering 43 countries. All sub-regions have been covered, with 3 countries in North Africa, 14 countries in West Africa, 7 countries in Central Africa, 6 countries in East Africa, and 13 countries in Southern Africa.

The ERI is made up of three pillars or sub-indices: the Regulatory Governance Index (RGI); the Regulatory Substance Index (RSI); and the Regulatory Outcome Index (ROI).

The report's instrument includes benchmarks based on a continuously growing, proprietary database of utilities and regulators across the African continent. It also tests the actual impact of the regulators’ actions and decisions on the performance of utilities and the power sector in general, The ERI.

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