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World Bank Group Commits US$5 Billion to Boost Electricity Generation in Six African Countries

World Bank Group Commits US$5 Billion to Boost Electricity Generation in Six African Countries WASHINGTON, — The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries– Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative. Making the announcement on the second day of the 1st US-Africa Summit, World Bank Group President, Dr. Jim Yong Kim, said the new financial commitment was urgently needed to generate more electricity for the people of Africa, 600…

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