Courtesy Africa Update Newsletter
Office of Rep. Karen Bass
Washington, DC
On October 24, Congress member Karen Bass along with Reps. Royce,
Engel, Smith and Senators Coons and Flake hosted the fourth Africa
Policy Breakfast of the year entitled “Power: Eliminating a barrier to
trade, development and growth in Africa.” The breakfast was standing
room only as public and private sector stakeholders discussed the
importance of developing and strengthening power projects across Africa.
Chairman of the House Foreign Affairs Committee Edward R. Royce
opened the event by discussing power as a barrier, not only to economic
growth, but also to education and health initiatives. Kamran Khan, Vice
President of Compact Operations at the Millennium Challenge Corporation,
discussed the importance of electricity for global security, as well as
the role public-private partnerships can play in the Power Africa
Initiative. Paul Hinks, chief executive officer of Symbion Power,
provided insight on the role his company has played in developing
electrical infrastructure projects and its plans to expand to the
continent’s two largest markets—Nigeria and South Africa. Olufunke
Osibodu, director of Vigeo Power Limited, discussed the need for U.S.
agencies to better coordinate their efforts in order to increase power
generation across the continent. Vigeo Power is a subsidiary of Vigeo
Holdings, a multi-million dollar Nigerian business enterprise that
includes energy, finance, oil and gas, and shipping companies. Vigeo
recently emerged as a central investor in efforts by the Nigerian
Government to privatize its power sector. Ms. Osibodu was also a
participant in a reverse trade mission organized by the U.S. Trade and
Development Agency (USTDA), which included visits to U.S. companies in
Georgia, Washington, D.C. and Pennsylvania.
The panel was moderated by Oren Whyche-Shaw, principal adviser to the
Assistant Administrator for Africa at USAID. The question and answer
session prompted a highly interactive discussion between the panelists
and numerous ambassadors from the continent who discussed how the Power
Africa Initiative would affect their countries. While other participants
raised important issues around poor and marginalized communities
surrounding power plants that our often without electricity.
Stakeholders were also concerned about the amount of land that the
extraction of gas would take and pushed the idea of focusing on
renewable energy, as well.
Thursday, October 31, 2013
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