US commits $7bn to ambitious Power Africa initiative - .PDF file.
Speaking in Cape Town, South Africa, on 30 June, president Barack Obama announced Power Africa, a new initiative to double access to power in sub-Saharan Africa.
More than two-thirds of the population of sub-Saharan Africa lacks access to electricity. Power Africa aims to add more than 10,000MW of clean and efficient electricity generation capacity to bring electricity to at least 20 million households and commercial entities throughout the region.
In collaboration with an initial set of partner countries, Power Africa is seeking to deliver electricity and improve grid reliability for millions across the continent by building on Africa’s power potential. The effort will include US assistance in developing recently discovered oil and gas reserves as well as clean geothermal, hydroelectric, wind and solar energy and assisting partner countries to develop newly discovered resources responsibly, build out power generation and transmission projects and expand the reach of mini-grid and off-grid solutions…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.