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With Billions in New Pledges, Power Africa Gains More Power

Posted on August 8, 2014
Posted in Corporate and Investment, Energy and Natural Resources

A little over a year after President Obama first announced Power Africa, the Administration has released the Power Africa Annual Report.  According to the Annual Report, the initiative has “helped facilitate the financial close of transactions which expect to produce nearly 2,800 MW of new generation capacity — more than 25% of the…

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Home to seven of the world’s ten fastest growing economies and nearly 1 billion people whose median age is 18, Africa is in the midst of awakening to its seemingly endless potential.  More than just economic success, the progress in Africa brings entrepreneurship and innovation to development in ways never before seen.  Regardless of whether you were born in, have traveled around, or have never set foot on the continent, there is no better time than the present to engage with Africa.

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