ADB Head Pushes for Energy Access
Tuesday 29 September, 2015 – 12:53
The new head of the African Development Bank, Africa should push to achieve universal access to electricity within a decade while accelerating its transformation to a continent exporting finished goods, rather than raw materials.
Akinwumi Adesina, who took over as president of the 50-year-old institution earlier this month, has set an ambitious series of goals to guide it through Africa’s increasingly complex financial environment.
He believes that Africa could achieve full access to power by 2025, sooner than the goal of 2030 set by the United States and other major donor countries, while increasing its infrastructure and industrial capacity.
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