Power Africa Quarterly Newsletter: December 2015

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The Coordinator's Corner: Notes from the Field

First, a sincere congratulations to all of our colleagues who worked hard to reach an historic climate agreement at COP 21 in Paris. The leadership displayed at all levels was inspiring. Power Africa led and participated in several events at COP 21, where we announced new partnerships (including agreements with Norway, the UK and the International Renewable Energy Agency), the release of the French version of the Understanding Power Purchase Agreements handbook, a $10 million commitment to the European Union’s ElectriFI project preparation facility, and the launch of Women in African Power. Here are some highlights from COP 21 and beyond:
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Getting to “Yes” on Power Projects in Benin

In Benin, in West Africa, only one-third of residents have access to reliable electricity. Reaching the other two-thirds, which includes many in rural and remote areas, will require a range of resources and partnerships. Power Africa is working with the Government of Benin to help attract private investment and get power project deals done.
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Linking to Over $1 Billion in Energy Investment & Financing Opportunities

It’s no secret that Africa holds tremendous renewable energy potential. Solar, hydro, wind and geothermal sources abound. Putting these resources to use for the benefit of people across the continent means linking investors and developers with opportunities that are as bankable and shovel-ready as possible. Power Africa’s partners at the United Nations Foundation and SE4All are helping to make these connections.
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Efficient Financing Makes a Difference in Senegal

MPower technician installing solar panelsMillions of people across sub-Saharan Africa are hungry for the opportunities that reliable, modern electricity service can bring. Too often, however, financial hurdles can impede the flow of energy deals in Africa, forcing countries, companies and communities to wait even longer for power. Streamlining the power project process is one of the most valuable roles Power Africa plays. A recent deal in Senegal, spurred by Power Africa partners.at the International Finance Corporation and the Overseas Private Investment Corporation, proves that financing efficiencies can make a real difference.
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Power Africa Events

Where can you meet with hundreds of business and energy sector leaders, government officials, and development partners from the U.S. and around the world? At the second annual Powering Africa Summit in Washington, D.C., January 27 -29 or at the Corporate Council on Africa's 10th biennial U.S.–Africa Business Summit in Addis Ababa, February 1-4.
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Power Africa in the News

In Read the latest global media coverage of Power Africa and partners. > More

 


African Energy News

Get access to the latest news about the African energy sector. > More

 


Annual Report

Power Africa‘s Annual Report highlights the progress made in the second year, lessons learned, and the roadmap to a brighter African future.
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Power Africa Toolbox

Power Africa's Toolbox, now online, provides the resources needed to unlock the power and opportunity of sub‑Saharan Africa.
> View the Full Toolbox


Power Africa Photo Gallery

Power Africa's growing photo gallery, with entries from our recent photo contest, features the work of our partners across sub-Saharan Africa.
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