Energy remains at the core of USTDA's program and the Obama Administration's policy priorities; as the President stated in unveiling his 2013 Climate Action Plan, his Administration's focus is on "cutting carbon pollution by changing the way we use energy - using less dirty energy, using more clean energy, wasting less energy…." In fulfillment of that direction, USTDA will continue to seek out and support strong export-producing activities in its partner countries that expand the supply of renewable energy sources and promote the use of cleaner and more efficient technologies for all energy sub-sectors. In addition to the agency's program activities, USTDA is supporting a number of innovative interagency initiatives in the energy sector.
Learn more about USTDA's Clean Energy activities in sub-Saharan Africa.
U.S. - Africa Clean Energy Finance (US-ACEF) Initiative
US-ACEF is an innovative, collaborative financing mechanism aligning U.S. government resources in new ways to catalyze significant private sector investment primarily focused on African clean energy infrastructure. The three main partners under the program are the U.S. Department of State, USTDA, and the Overseas Private Investment Corporation (OPIC). Under the four-year, $20 million program, USTDA will leverage its project planning expertise to support activities both eligible for and currently in OPIC's pipeline for private-sector transactions. The program will help ensure that otherwise technically and financially sound projects are implemented, rather than falling short because of lack of funding for critical "last mile" activities.
Clean Energy Development and Finance Center (CEDFC)
CEDFC is an initiative developed by USTDA, the Overseas Private Investment Corporation, and the Export-Import Bank of the United States to provide a coordinated approach to clean-energy project development in sub-Saharan Africa. The initiative provides U.S. private sector and sub-Saharan African developers with a centralized means to identify and access U.S. government support for their clean energy export and investment needs. Housed in the U.S. Consulate General in Johannesburg, South Africa, the Center will coordinate its resources with those of the U.S. private sector, multilateral development banks, local development banks, private banks, and private equity firms.
U.S. Power Africa Initiative
Power Africa is a U.S. Government initiative that addresses one of the most pressing challenges to sustainable economic growth and development in sub-Saharan Africa – access to electrical power. The initiative will provide coordinated support from the U.S. public and private sector to add 10,000 megawatts of cleaner, more efficient electricity generation capacity to the continent. Support will include policy and regulatory best practices, pre-feasibility support and capacity building, as well as long-term financing, insurance, guarantees, credit enhancements and technical assistance. Along with USTDA's regular program and contract activities, the agency is supporting the Power Africa initiative through a number of interagency initiatives.