At present, a greater majority of sub-Saharan Africa does not have energy supply. Because electricity in the continent is “acutely inadequate and unreliable”, as described by EcoPower Africa, it continues to get in the way of development.
Last month, the United States President Barack Obama announced Power Africa, its government’s initiative to increase Africa’s access to power supply by at least 20 million households. In the next five years, the U.S. government is expected to shell out more than $7 billion to invest on African power systems, for the financing and insurance of energy projects, for project preparation, feasibility, technical assistance, and technical assistance grants for the execution of projects, among others.
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