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U.S. Investors Seek Opportunities For Green Energy In Africa

By Brian Spaen

Back in 2013, the United States government began the initiative of improving Africa’s energy infrastructure. $14 billion later, “Power Africa” has helped develop 90 projects with over 75 percent of them being renewable sources. The best way to power rural areas in Africa is through smaller, off-grid solutions, and that portfolio is continuing to expand.

Power Africa is led by the US Agency for International Development (USAID) and they’ve helped bring energy access to 50 million residents that didn’t have prior access. Things haven’t gone all to plan, especially in Nigeria where they had trouble with energy transmission and distribution. Kenya has also suffered multiple blackouts in recent years, and about one-third of customers aren’t paying for power.

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Source: Twitter