Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 315


Towards sustainable financing models for micro-hydro plants in Sub-Saharan African countries: A theoretical review

Andrew Munthopa Lipunga
Faculty of Applied Sciences, University of Malawi, Private Bag 303, Chichiri, Blantyre 3, Malawi.
Email: [email protected]

  •  Received: 17 February 2016
  •  Accepted: 24 February 2016
  •  Published: 31 March 2016


Micro-hydro plants (MHPs) have been identified as a proven and promising opportunity to alleviate energy poverty in rural areas of Sub-Saharan Africa. However, the absence of “lowest-cost, long-term financing models” is found to be one of the major barriers to wide-spread adoption of this technology in the region. This paper presents a review of the factors underlying this absence and using the van Egmond and de Vries’ sustainable finance model builds a framework that visualises critical linkages in MHP development crucial to designing sustainable financing models.


Key words: Micro-hydro plants (MHPs), Sub-Saharan African countries, sustainable financing models.