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Infrastructure Governance and the ElectricityGrowth Relationship: Evidence from Major African Economies


Authors : Dr. Olukotun, Monsuru Adedeji; Ezomo Odion Taiwo; Dr. Soares, Bolaji Adewale

Volume/Issue : Volume 11 - 2026, Issue 8 - August


Google Scholar : https://tinyurl.com/3t6dr8nj

Scribd : https://tinyurl.com/2tk7jp2n

DOI : https://doi.org/10.38124/ijisrt/26aug225

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.


Abstract : This study provides a dynamic panel econometric analysis investigating the macroeconomic relationship between electricity supply (ELEC), physical capital formation (GFCF), public fiscal allocation (GOVT), foreign direct investment (FDI), and real economic output (GDP) across four major regional African economies—Egypt, Nigeria, South Africa, and Kenya—over the 1990–2025 period (N=32).

Keywords : Electricity Supply, Economic Growth, Panel ARDL, System GMM, Infrastructure Governance, African Power Sector, Infrastructure-Efficiency Gap.

References :

  1. Abdulsamiea, & Mohamed. (2025). Energy Infrastructure and Growth Dynamics in      Emerging Economies. Journal of African Infrastructure and Energy Studies, 12(1), 45–62.
  2. Lékana, H. (2020). Energy Consumption and Economic Development in Sub-Saharan African Countries: Role of Governance Quality. Modern Economy, 11(11), 1888–1906. https://doi.org/10.4236/me.2020.1111126
  3. Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3–42. https://doi.org/10.1016/0304-3932(88)90168-7
  4. Mankiw, N. G., Romer, D., & Weil, D. N. (1992). A contribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407–437. https://doi.org/10.2307/2118477
  5. North, D. C. (1990). Institutions, Institutional Change and Economic Performance. Cambridge University Press.
  6. Okojokwu-idu, A., Bello, M., & Eze, C. (2025). Bottlenecks to Sustainable Energy Development in Sub-Saharan Africa. Energy Policy and Development Review, 18(2), 112–130.
  7. Ouedraogo, N. S. (2013). The electricity-growth nexus: A dynamic panel data approach. The Journal of Energy and Development, 39(1/2), 229–254.
  8. Romer, P. M. (1986). Increasing returns and long-run growth. Journal of Political Economy, 94(5), 1002–1037. https://doi.org/10.1086/261420
  9. Solow, R. M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513.

This study provides a dynamic panel econometric analysis investigating the macroeconomic relationship between electricity supply (ELEC), physical capital formation (GFCF), public fiscal allocation (GOVT), foreign direct investment (FDI), and real economic output (GDP) across four major regional African economies—Egypt, Nigeria, South Africa, and Kenya—over the 1990–2025 period (N=32).

Keywords : Electricity Supply, Economic Growth, Panel ARDL, System GMM, Infrastructure Governance, African Power Sector, Infrastructure-Efficiency Gap.

Paper Submission Last Date
31 - August - 2026

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