As one of the most dispersed regions in the world, the Pacific faces unique challenges in providing affordable and accessible electricity.
With a heavy reliance on diesel fuel generators in many areas to power homes and businesses, electricity prices in the region are among the highest in the world; with some countries spending as much as 25 per cent of their Gross Domestic Product (GDP) on fuel imports, leaving household incomes, inflation levels and national finances all highly vulnerable to volatile Asia-Pacific oil markets.
A recent World Bank praxis discussion deliberated on this critical topic.
Also on this episode, amongst the challenges of doing business in the country, there are some striving entrepreneurs who aim to succeed and propel their business from strength to strength.
In this entrepreneur engage segment, we speak to PNG Job Seek – an online job directory for the Papua New Guinean job market.