AMDA Benchmarking Africa’s Minigrids Report

The 2024 Benchmarking Africa’s Minigrids (BAM) Report is a landmark resource capturing the growth, challenges, and innovations of Africa’s minigrid and Distributed Renewable Energy (DRE) sector. Now in its third edition, the report highlights key sectoral shifts, such as a 20% drop in CAPEX since 2020, larger project scales, and the emergence of meshgrid solutions, reflecting greater maturity and ambition. While the sector has electrified nearly one million people through over 600 minigrids, unlocking energy access for 680 million people by 2030 will demand faster financing, bold regulatory reforms, and new financial models. It captures Nigeria’s progress and serves it up as a blueprint for scaling success across the continent. Additionally, the report calls for coordinated action from governments, investors, and developers to overcome persistent bottlenecks and ensure minigrids drive sustainable growth. With high-quality data from developers across Africa, the BAM Report is both a reflection of progress and a strategic roadmap for powering Africa’s future.