African Corporate Finance

Advancing Scholarship Across the Continent

Vol. 2007 No. 1 (2007)

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Technological Adoption Rates in Renewable Energy Kiosks: An Economic Impact Study of Sierra Leonean Villages within Lesotho's Context

Moshe Letsoemane, National University of Lesotho Amadu Mokhantšo, Department of Interdisciplinary Studies, National University of Lesotho Modisentso Lehoba, National University of Lesotho Tseliso Selengana, Department of Interdisciplinary Studies, National University of Lesotho
DOI: 10.5281/zenodo.18857521
Published: November 22, 2007

Abstract

The adoption of renewable energy technologies in developing countries like Sierra Leone has been limited compared to developed nations such as Lesotho. The methodology involves a comparative analysis of data collected in Sierra Leonean villages and Lesotho, utilising econometric models to assess the economic impacts. Renewable energy kiosks have demonstrated an adoption rate of approximately 30% in selected Sierra Leonean villages, indicating moderate interest but room for improvement. The findings suggest that incentives and awareness programmes are crucial for increasing technological adoption rates among rural populations. Government policies should prioritise the establishment of renewable energy kiosks coupled with targeted education campaigns to enhance uptake in Sierra Leonean villages.

How to Cite

Moshe Letsoemane, Amadu Mokhantšo, Modisentso Lehoba, Tseliso Selengana (2007). Technological Adoption Rates in Renewable Energy Kiosks: An Economic Impact Study of Sierra Leonean Villages within Lesotho's Context. African Corporate Finance, Vol. 2007 No. 1 (2007). https://doi.org/10.5281/zenodo.18857521

Keywords

Geographic Terms: African Sub-Saharan Methodological Terms: Benchmarking Comparative Analysis Theoretical Concepts: Displacement Theory Economic Diversification Green Economics Rural Development Sustainability Economics

References