Abstract
ABSTRACT This article examines the factors that facilitate or hinder credible commitment in large dam investment cooperation in sub-Saharan Africa, which even with an abundance of untapped hydropower potential has a shortfall of electricity generation and supply. Research finds an uneven pattern of large dam development on the continent, indicating the lack of traditional investment to promote energy security. Investment for hydropower development requires cooperation between several stakeholders, and its success depends on the credible commitment by a host government. Drawing on a comparative study of the Cahora Bassa Dam and the Inga III Project, this article examines why the latter yielded a failed outcome. The study finds that factors such as regime insecurity and uncertainty, regime type and the institutions, context and interest of actors, as well as market and market proximity can incentivise and equally hinder a host government’s ability to credibly commit to large dam investment cooperation.
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