power africa initiative
December 22, 2016
New solar technology is poised to provide cheap power to many of the 600 million people in Africa who lack access to reliable electricity. Innovation in “off-grid” solar power is becoming accessible to even the most remote communities for less than a half dollar a day. [...] The company received $50 million in financing from the U.S. government’s Overseas Private Investment Corporation, as part of President Obama’s Power Africa initiative.