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CGD Policy Blogs

 

Why OPIC’s Opponents Are Missing the Big Picture

The House of Representatives is scheduled to vote on the Electrify Africa Act later tonight. This legislation would increase the US government’s efforts to promote reliable and affordable electricity for the roughly 600 million Africans that currently live without it. It aims to mobilize all US development tools, ranging from technical assistance grants to risk insurance to long-term debt financing for private investors.