Littlefield in AllAfrica: Africa can be transformed with public-private investment
How can Africa fully compete when countless factories and computers go dark during rolling blackouts? How can it compete in an era of non-stop, round-the-clock communication when millions go home to candles or lanterns? Although Africa has made great strides in industries like transportation, manufacturing and telecommunications, some 600 million Africans still lack access to basic electricity. In a guest column for AllAfrica this week, OPIC President and CEO Elizabeth Littlefield outlined the potential for growth public-private investment partnerships pose to Africa. Entrepreneurs and investors, she notes, are incentivized to embrace a leadership role in transforming the continent’s economic, social, and environmental problems into sustainable and impactful solutions.