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Oriental News Nigeria
Home»Energy»Power»Power Africa Scheme- 50 Million Africans To Have Electricity In 2020
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Power Africa Scheme- 50 Million Africans To Have Electricity In 2020

By orientalnewsngFebruary 11, 2016No Comments2 Mins Read
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Yemisi Izuora/Agency Report
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As US President Barack Obama sign into law an initiative under the Power Africa Scheme, the coast is clearer to bring electricity to 50 million people in sub-Saharan Africa by 2020.

The US government has made financial commitments of $7bn to support the scheme, which it says in turn has drawn a further $43bn in investment pledged from other public and private partners.

President Obama promoted the scheme during his tour of Africa last year

The Electrify Africa Act of 2015 will give legal backing to Obama’s flagship Power Africa scheme, which is trying to improve access to electricity through public-private partnerships.

It took nearly two years to be passed in both houses of the US Congress.

About two-thirds of people in Africa do not have access to reliable power.

Observers say the new legislation is likely to ensure that the scheme continues even after Obama leaves the White House in 2017.

Many Nigerians are forced to rely on generators for their electricity supply

The scheme has set itself the long-term target of doubling electricity access in sub-Saharan Africa.

The legislation would “improve the lives of millions in sub-Saharan Africa by helping to reduce reliance on charcoal and other toxic fuel sources that produce fumes that kill more than HIV/Aids and malaria combined,” said House Foreign Affairs committee chairman Ed Royce, a long-time supporter of the initiative.

It would also “promote the development of affordable and reliable energy”, he added, in a statement.

Management consultant firm McKinsey estimates that it will cost $835bn (£575bn) to connect the entire continent’s population to electricity by 2030.

Aside from the US government, African governments, development partners, and the private sector are all involved in the Power Africa scheme.

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