The headline ” Going digital could boost Sub-Saharan economic – World Bank” caught my eye today. It has been something that I have been pondering for a while now. How does the energy sector benefit from a digital immersion? The very basics start to manifest themselves in subtle ways. Mobile banking is now back on the rise with M-Kesho. This creates a trickle down effect that can include so many things. If banking is happening then transactions can happen with greater clarity. Utilities can start invoicing through this system. Savings can happen through this system. Blockchain starts being a part of the whole ecosystem from the production all the way to the consumer and the on to the taxation collected. Pipelines and powerlines can start tracking molecules. Governments start having greater clarity with their financial book keeping. Credit agencies and investors start having greater clarity on a jurisdiction. FDI’ s increase based on the transparency created by this new system. The consumer ends up having a greater stability in the energy consumption and the productivity increases. This will be the next event that separates Africa from its peers. #EnergyAfrica is looking for that company who will stand up and say we have solution for energy transactions. Is it you?
