Kenya eyes funding from Obama’s Power Africa

Kenya is eyeing tens of billions of energy sector funding from the United States-backed Power Africa initiative that has more than Sh2.2 trillion ($26 billion) to tap from.

The figure was raised last week after the US-Africa Summit from Sh609 billion ($7 billion) that had been set earlier by US President Barack Obama when he launched the ambitious power programme a year ago. The initiative targets Kenya, Tanzania, Ghana, Nigeria, Ethiopia and Liberia.