Power Africa Financially Closed Transactions

Speeches Shim

PowerAfrica is a U.S. Government-led partnership that brings together the collective resources of over 150 public and private sector partners to double access to electricity in sub-SaharanAfrica. PowerAfrica’s goal is to add more than 30,000 megawatts (MW) of new electricity generation capacity and connect 60 million new homes and businesses to power by 2030. Since its launch in 2013, Power Africa has helped bring 124 power generation deals to financial close with a generation capacity of over 11,000 MW and an estimated value of more $22 billion. Of these deals, 47 are operational and generating more than 4,000 MW of new and more reliable electricity. Power Africa has connected nearly 18 million homes and businesses to onand off-grid solutions, bringing first-time electricity to nearly 82 million people.

AS OF JUNE 30, 2020