The AfSEM aims at connecting the Continent’s energy strategies and action plans by harmonising regulatory frameworks and integrating generation, transmission, and distribution master plans. This will allow for the diversification of energy sources supporting energy transition, better trade and investments exchanges, and close the energy infrastructure gaps between regions and countries.
The goal is to build one of the largest electricity markets in the world, covering the African Union's 55 Member States, and a population of more than 1.3 billion.
Concrete benefits including cost efficiency, increased use of renewable energy technologies and improved security of electricity supply,
Alignment with the Paris Climate Agreement, the UN Sustainable Development Goals, and the Agreement Establishing the African Continental Free Trade Area (AfCFTA),
Harmonisation of the electricity markets, which should be achieved at all three levels – national, regional and continental.