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East Africa’s $64bn Power Plan to End Energy Woes

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AFRICANGLOBE - The East Africa region plans to spend $64 billion on joint power projects to generate eight times more power, and end crippling energy woes that have slowed economic growth. The new spending plan released last week shows that the joint power project aims to generate 26,649 MW of energy by 2038. This is more than eight times the current 3,670MW produced in the EAC.

Africa Set for Renewable Energy Boom

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Investment in renewable power in Africa is set to grow from a total of US$3.6-billion in 2010 to $57-billion by 2020, accompanied by huge foreign direct investment in energy infrastructure.
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