Over 600 million people of the population of sub-Sahara Africa are without electricity.
Two out of three people in sub-Sahara Africa lack access to electricity. This leads affects their ability to obtain quality health care, education and economic opportunities.
President launched Power Africa initiative to combine the expertise of 12 U.S. Governmental agencies to spearhead innovative wind, solar, hydro, natural gas, biomass and geothermal resources to provide energy security, promote economic growth and reduce poverty.
Power Africa is working with African governments and over 100 private sector partners and other organizations to add more than 30,000 megawatts (MW) of cleaner, more efficient electricity generation in all of sub-Saharan Africa.
Power Africa is also focused on increasing electricity access by adding 60 million new home and business connections.
In sub- Saharan African countries, Power Africa also aims to:
Advance energy sector reforms;
Identify and address barriers to investment;
Work with partner countries and institutions to improve efficiency and capacity of power ministries and utilities;
Increase regional, cross-border energy trading;
Enhance energy resource management capabilities, and;
Work with partner countries and regions to achieve sustainable, long-term energy security.
Beyond the Grid
Power Africa is also expanding mini-grid and off-grid solutions to increase access to underserved areas through
“Beyond the Grid.”
This sub-initiative utilizes Power Africa’s innovative transaction-focused model to galvanize partners to collaborate on off-grid and small-scale renewable energy solutions.
Through Beyond the Grid, Power Africa is working with over 40 investors and partners that have committed to invest over $1 billion into off-grid and small-scale solutions in order to benefit underserved communities.
The funding needed to electrify the continent far surpasses the capacity of African governments and foreign donors. By leveraging U.S. strengths in energy technology, private sector engagement, and policy and regulatory reform, Power Africa is galvanizing partnerships, making quick-impact interventions, and driving systemic reforms to facilitate future private investment.
Power Africa is part of President Obama’s new model for development, which builds local capacity and supports innovative, effective and sustainable development assistance.
The U.S. Government is committed to providing more than $7 billion in financial support, loan guarantees, grants and technical assistance.
To date, Power Africa has leveraged more than $20 billion from private sector partners for new on and off-grid projects in sub-Saharan Africa, meaning that every dollar the U.S.
Since the launch of Power Africa, the African Development Bank, the World Bank Group and the Swedish Government have collectively committed an additional $9 billion in support of Power Africa.
Cleantech grants is facilitating JV relationships through Power Africa and grant requests for innovative technologies that support this mission.