FFD3: European Union and the U.S. join forces to increase access to electricity in Sub-Saharan Africa
Secretary of Treasury Jacob J. Lew and EU International Cooperation and Development Commissioner Neven Mimica sign MOU to strengthen US-EU coordination
Addressing the critical need to finance infrastructure in Africa is a core theme at the United Nation’s Third International Conference on Financing for Development in Ethiopia. To support these efforts to improve power generation and access to electricity in sub-Saharan Africa, Secretary of Treasury Jacob J. Lew, and European Union (EU) Commissioner Neven Mimica today signed a Memorandum of Understanding (MOU) to enhance coordination between the EU and Power Africa that will deepen their ongoing long-term engagement with partner countries and the private sector to assist developing countries increase access to electricity for over 600 million people in sub-Saharan Africa.