Africa50 will support the development of Africa’s natural gas resources to help countries produce clean power, accelerate their industrialization and provide affordable energy to households, said Africa50 CEO, Alain Ebobissé.
More than $1 billion in debt and financing commitments from U.S. agencies and private investors is set to be announced on Wednesday for U.S. President Barack Obama’s signature Africa.
Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets, expertise and experience to create a new energy.
For decades, the power sector has been a drawback in Nigeria’s quest for sustainable economic progress and a major impeder of SME growth in the country. Despite substantial capital regularly.
