Africa - Business Outrank

Under former President Barack Obama, the Trump administration has undone a decade-long US foreign assistance initiative to increase electricity access in Africa. Power Africa, which was launched by former President Barack Obama, was established to increase the installation of 30 gigawatts of cleaner energy and to extend electricity to 60 million homes and businesses across the continent. Sources have informed The Washington Post that almost all of Power Africa’s programs have been ended, and most of its staff have been let go. It remains to be seen whether some initiatives that would connect U.S. businesses with African projects will continue under different agencies, but for all intents and purposes, the program has been shut down. The State Department has said that U.S. aid programs are being reviewed in order to bring them into line with “national interests.” Power Africa, which was implemented by the U.S. Agency for International Development (USAID), served as a key role in coordinating private sector investments, providing technical expertise, and facilitating government to government partnerships. The offshoot of the initiative is that the sub-Saharan Africa, where almost 50 percent of the 1.3 billion population lacks access to reliable electricity, will be hit hard. Since taking office, the Trump administration has reviewed the budget of USAID, accusing it of misusing American people’s money. He named Secretary of State Marco Rubio as the acting administrator, leaving thousands of employees on administrative leave. Power Africa was criticized early on for slow progress, but it ultimately facilitated the addition of 14,300 megawatts of electricity reaching financial close and facilitated more than 41 million new or improved energy connections. The shutdown of the initiative has left the future of electricity access in Africa dark; this has sparked questions on the energy development of the continent in the future.

What's Hot

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Myntra hiring 11,000 roles ahead of Big Fashion Festival to boost festive operations

Reliance Intelligence partners Google and Meta to transform AI in India

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Africa

Trump Shuts Down Power Africa, Threatening Electricity Access in Africa

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Myntra hiring 11,000 roles ahead of Big Fashion Festival to boost festive operations

Reliance Intelligence partners Google and Meta to transform AI in India

Intel faces uncertainty as Trump eyes bold intervention

Our Picks

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Myntra hiring 11,000 roles ahead of Big Fashion Festival to boost festive operations

Reliance Intelligence partners Google and Meta to transform AI in India

Most Popular

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Africa