ECB ranked second best regulator in Africa

PHILLEPUS UUSIKU

The African Development Bank (AfDB) conducts the Electricity Regulatory Index (ERI) for Africa every year. The ERI is a composite index that measures the level of development of electricity sector regulatory frameworks in African countries against international standards and best practice. It is composed of three pillars namely Regulatory Governance Index (RGI), Regulatory Substance Index (RSI) and Regulatory Outcome Index (ROI).

For 2020, the Electricity Control Board (ECB) is the second-best electricity regulator on the African continent after Uganda’s Energy Regulatory Authority. Uganda performed better than Namibia on the RGI and RSI. Namibia outperformed Uganda on the ROI thanks to the existence of regulatory targets set by legislation and Quality of Service (QoS) indicators. Tanzania, Zambia and Kenya complete the top five performers on the continent.

In the same breath, the ECB was recently ranked number 2 in the Sub-Saharan African region by Fitch Ratings for its regulatory effectiveness and sector development.