Sunday, June 30, 2013

Obama pledges $7 billion to doubling electricity access in Africa

5391031061_a017533761_b_large

President Barack Obama today is expected to unveil an ambitious $7 billion initiative aimed at doubling access to electricity in sub-Saharan Africa. As the Associated Press reports, Obama will announce his "Power Africa" initiative in Cape Town, South Africa Sunday, in what administration officials describe as the signature speech of his weeklong trip to Africa.


The president's plan will see the US invest $7 billion in clean and efficient power generation in sub-Saharan Africa, with private sector companies such as General Electric and Symbion Power committing an additional $9 billion. According to the White House, more than two-thirds of the population in sub-Saharan Africa currently lack access to electricity; among those living in...


Continue reading…






via The Verge - All Posts http://www.theverge.com/2013/6/30/4479276/obama-power-africa-initiative-doubles-electricity-access-in-five-years

No comments:

Post a Comment