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'Africa is Tired of Being in the Dark' Says AfDB President

“We lose 5% of our potential GDP every year, and African industries cannot be competitive without access to electricity,” says Akinwumi Adesina, president of the African Development Bank. “I believe that’s why we can’t break away from reliance on exporting our raw materials – new industries will only go to where there’s power.”

The African Development Bank (AfDB) has also created the role of vice-president on power, and been a major player in setting up the African Renewable Energy Initiative, which aims to generate 10GW of power from renewable sources by 2020 and up to 300GW by 2030. “This initiative was the major outcome for Africa of the Paris COP21 meeting last year, where G7 countries contributed $10bn towards it,” says Adesina.

Rwanda Government

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