About five years ago in 2013, former US President Barack Obama launched a project known as Power Africa, envisioned towards providing 60 million households and businesses with access to electricity in Africa and add 30,000MW of the power supply by 2030. As at 2017, the Power Africa initiative had so far helped connect about half the projected number of households, according to the programme’s 2017 annual report, with a total of 10.6 million homes and businesses to power solutions which is approximately 53 million people who have gained access to electricity since 2013.
It was feared that the ex-president’s legacy initiative was falling short of its initial goal after the end of his presidential tenure in 2017 with no reaction from the incumbent President Donald Trump in regards to the initiative since the presidential baton was handed over to him. It is no news that President Trump has sought to derail many of the initiatives set in motion by the ex-president during his administration.
However, early this year at the Power Africa Summit in Washington DC, the US Agency for International Development (USAID) announced the release of the Administration’s strategy for Power Africa 2.0. The strategy was said to ensure the continued goal of the Power Africa to bring innovative ideas and enterprise-driven approaches to help meet Africa’s power needs, but more importantly to help expand Power Africa’s power opportunities. The initiative is made up of a consortium that includes more than 120 governments, companies, NGOs and academic institutions. African countries like Kenya, Tanzania, Uganda, and Rwanda are already benefitting greatly from this initiative which promises to do more despite President Trump’s declaration about “America’s first,” which in regards to the initiative left people wondering if what he really meant was Africa last.
The Olatorera Consultancy brand has grown from an ambitious solo-preneur to a team of over 15 people highly assertive on providing the seal and stamp of “Africa’s Best” to great businesses in Nigeria and beyond. Chief Executive Consultant, Olatorera Oniru is very passionate about seeing businesses succeed and operate optimally. She is also notably passionate about witnessing Africa transformed into one of the world’s greatest continents. Olatorera Consultancy has an annual outline of businesses we work with. We currently do not accept unsolicited applications. To network with the team at Olatorera Consultancy Limited, please add your company to the reviews page here. An Olatorera Consultancy company representative may be in touch with you shortly after reviewing your company’s readiness for business consultation services.