MOU calls for developing regional geothermal energy
A landmark partnership between the UK and US will help millions of people across Africa get access to clean energy, UK International Development (DFID) Minister Nick Hurd and Associate Administrator of United States Agency for International Development (USAID) Eric Postel have announced.
The new partnership between the UK's Energy Africa campaign and the US's Power Africa initiative will leverage much-needed private investment, develop networks to share power across borders and harness geothermal resources to boost access to electricity across the continent.
A Memorandum of Understanding (MoU) between the two countries was signed at the United Nations Economic Commission for Africa (UNECA) and New Climate Economy event “Climate change in Africa: Financing low-carbon pathways for Development” at the COP21 UN climate change conference in Paris.
The new deal will harness the skills, expertise and investment power of the private sector to help improve energy access, boost economic growth and reduce poverty.
