Three years into the U.S. Power Africa initiative, a roadmap is in place to connect 60 million to electricity by 2030 — and empower people across the continent.
Africa boasts some of the world’s fastest-growing economies, but its growth potential is limited by poor energy infrastructure, with only a third of the population of Sub-Saharan Africa having access to power.
Data can help channel private-sector investment and incentivize reforms, creating a positive cycle for development.
A small American energy company is looking to expand into the developing world. It has limited resources to scope out the relative risk of foreign markets, so it relies in part on a trove of indices gathered by the international community. In the emerging and developing markets of the 21st century, that kind of easily available data can help drive critical foreign investment decisions.