Obama’s Africa Power Plan Falls Short $9.7 billionPresident (The Truth Be With You)

by Snoopydog, Sunday, January 27, 2019, 23:40 (170 days ago)

President Barack Obama’s signature initiative for Africa -- a $9.7 billion plan to double electricity access in the world’s poorest continent -- has fallen well short of its goals, so far producing less than 5 percent of the new power generation it promised.
Obama announced Power Africa three years ago with an ambitious goal: to add 10,000 megawatts of power and supply electricity to 20 million households within five years. As he addressed the U.S.-Africa Business Forum in New York on Wednesday, the project has yielded less than 400 megawatts of new power after running into political and economic difficulties.


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