Africa: AfDB Chief to Focus On 'Powering' Africa

2 September 2015

The African Development Bank (AfDB) will focus in coming years on tackling Africa's chronic power shortages to try to unlock its economic potential and end its vulnerability to fluctuations in commodity prices, its new president said.

Although it boasts nearly a billion people, sub-Saharan Africa consumes about as much power as Spain, with less than five percent that number, due to poor generating capacity and limited transmission networks.

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