Key Power Africa Facts in One Place
Everything You Need to Know Right Now*
*NOTE: figures were updated on January 31, 2019.
Actual Results. Power Africa, in implementing the Electrify Africa Act of 2015, has helped 121 projects comprising over 10,169 megawatts (MW) reach financial close. 2,652 MW are operational. Power Africa has helped add over 12.7 million connections, which means more than 58.5 million beneficiaries have access to electricity who did not have access prior to Power Africa’s launch. Power Africa currently is tracking over 900 projects that have the potential to add more than 84,000 MW of power if we can help them get across the finish line.
U.S. Jobs and Exports. Power Africa and the Electrify Africa Act create U.S. jobs and exports. GE already has generated $250 million in power sector sales for export since Power Africa’s launch. According to Commerce Department methodology, it is estimated that these sales have secured 1,500 U.S. jobs since Power Africa’s launch. We estimate that by 2030, Power Africa’s deal flow could support about 40,000 US jobs and billions more in exports.
Private Sector Leverage. Power Africa is among the largest public-private partnerships for development in history. Power Africa has more than $54 billion of commitments from its more than 160 public and private sector partners to achieve its goals. The 118 projects that have reached financial close are worth more than $20.5 billion. The U.S. government has disbursed over $500 million to help achieve those goals.
“[W]hat I heard the President say last night is a public-private partnership idea, which we’ve already been doing. USAID put $8 billion up and attracted more than $45 billion in a public-private partnership called Power Africa. . . . That principle can work in our infrastructure. Isn’t it interesting that we have a business guy in the White House talking about real business solutions about infrastructure? And he knows how important infrastructure is for growing the economy.”
— Republic Senator David Perdue of Georgia, speaking with MSNBC’s Chuck Todd following President Trump’s speech to Congress about the proposed $1 trillion dollar U.S. infrastructure program. See https://www.youtube.com/watch?v=1d0CNyHV-34 at minute 5:52.
U.S. and USAID Global Leadership. USAID coordinates the efforts of 12 U.S. government agencies, 17 bilateral and multilateral partners, including the World Bank, African Development Bank, the EU, and the Governments of Canada, France, Israel, Japan, Norway, Republic of Korea, Sweden, and the UK, and 145 private companies, 72 of which are U.S. companies. Power Africa’s toolbox of solutions (financing, technical assistance, etc.) is designed to help advance the more than 800 power projects in Power Africa’s pipeline, many of which can be tracked in Power Africa’s mobile application.
Independent Reviews of Power Africa. The Organisation for Economic Co-operation and Development (OECD) in its review of U.S. development programs last year specifically cited Power Africa as a strong model for development cooperation and leveraging of private sector resources. The Center for Global Development gave Power Africa an “A-” Report Card for its performance.
*NOTE: figures were updated on January 29, 2019.