The OPIC Blog

“Energy prosperity can replace energy poverty:” NPR highlights Power Africa and OPIC’s latest commitment

National Public Radio featured the African Leaders Summit and President Obama’s Power Africa initiative this week in a story that highlighted OPIC’s latest Power Africa project, its $50 million commitment to the 450-megawatt Azura-Edo natural gas power plant in Nigeria.

Power Africa aims to double the number of people in Africa who have access to power and this week’s summit in Washington has been marked by multiple financial commitments to Africa’s power sector.

“There is a real need for people to take a bold approach to investing in Africa,” noted Azura Power managing director David Ladipo. The full NPR story is available here and more about OPIC’s work supporting the Power Africa initiative is available here.

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