The U.S. Agency for International Development (USAID) has launched a new Power Africa project aimed at accelerating energy access in East and Central Africa through the deployment of off- and on-grid energy solutions.
USAID will invest up to $89 million in clean energy projects over a period of five years – subject to finance availability – to address energy poverty in sub-Saharan Africa as part of the Power Africa initiative – a electrification initiative launched ten years ago which has provided access to electricity to over 172 million consumers to date.
The USAID funding will enable the Power Africa initiative meet its goal of mobilizing $4.7 billion in new investment from the private and public sectors to support the implementation of 10 million on- and off-grid connections for household and business consumers.
According to USAID, the funding will enable the installation of 1,227 MW of clean energy and 1,500 km of new energy transmission lines to connect over 50 million people to affordable and cleaner fuel sources.
