20 May 2014

West Africa: U.S. Secretary Pritzker Kicks Off Second Day of West Africa Energy Business Development Mission and Visits Electric Company of Ghana

Photo: Flagstaff House Communications Bureau
Ghanaian President John Mahama interacting with Penny Pritzker, U.S. Secretary of Commerce

Blog

Washington, DC — Today, Commerce Secretary Penny Pritzker kicked off her second day in Ghana at the Electric Company of Ghana (ECG) as part of the Commerce Department's West Africa Energy Business Development Mission. During the site visit, she spoke about the strong relationship between Ghana and the United States and the importance of partnering with private sector businesses to help Ghana reach its energy potential.

During the site visit, Secretary Pritzker specifically addressed the importance of the Administration's Power Africa initiative and reiterated the U.S. commitment to improving economic prosperity in West Africa through investment in the energy sector.

President Obama announced Power Africa last year as an initiative to double the number of people with access to power in Sub-Saharan Africa.

With more than 600 million people in sub-Saharan Africa lacking access to reliable electricity, the power development challenge is enormous.

More than two-thirds of the population is without electricity, including more than 85 percent of those living in rural areas. According to the International Energy Agency, sub-Saharan Africa needs more than $300 billion in investments to achieve universal electricity access by 2030 - far beyond the capacity of any traditional development program. As part of Power Africa, the United States will commit more than $7 billion in financial support over the next five years to this effort.

The trade mission, Secretary Pritzker's third since taking office last summer, will promote U.S. exports to Africa by helping U.S. companies' launch or increase their business in the energy sector in West Africa.

The firms joining the mission have the expertise to help African countries develop and manage energy resources and systems, as well as build out power generation, transmission, and distribution.

Africa is home to seven of the ten fastest growing economies in the world, and helping U.S. business expand their presence in these African markets is a top priority for the Department of Commerce and the Administration.

Ads by Google

Copyright © 2014 United States Department of Commerce. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

InFocus

U.S. Commerce Sec Announces Business Forum During Africa Visit

Ghanaian President John Mahama interacting with Penny Pritzker, U.S. Secretary of Commerce

U.S. Secretary of Commerce Penny Pritzker, who is leading a business development mission to Accra and Abuja this week, announced that a key component of the U.S.-Africa Summit in ... Read more »