Power Africa and Trade Africa Coordinator, Andrew Herscowitz, announced during the Abuja Electricity Distribution Co.’s two-day Distribution Company Workshop in Abuja, Nigeria, that the U.S. will invest US$1billion in the country through the U.S. Trade and Development Agency (USTDA).
Power Africa is a U.S. government-led initiative, coordinated by the U.S. Agency for International Development, that comprises 12 U.S. government agencies, and a diverse coalition of more than 130 public and private sector partners, including bilateral and multilateral partners, as well as international organizations, civil society organizations, and private sector companies.
According to the 2016 Power Africa annual report, as part of a project wanted to add more than 30GW of power plants in Africa, some of the hydropower projects Relying on Power Africa funds include Liberia’s 88-MW Mt. Coffee hydropower rehabilitation project, the 124-MW Nkula A hydropower plant rehabilitation in Malawi and facilitating successful negotiations for small hydropower projects in Rwanda.
