House Foreign Affairs Committee
Africa Subcommittee
Examining the Fiscal Year 2024 State and Foreign Operations Budget Request for Africa
Subcommittee hearing to examine the Fiscal Year 2024 State and Foreign Operations Budget Request for Africa.
Witnesses:- Molly Phee, Assistant Secretary of State, Bureau of African Affairs, U.S. Department of State
- Monde Muyangwa, Assistant Administrator, Bureau for Africa, U.S. Agency for International Development
The planned $55 billion investment in Africa announced by President Biden at the U.S.-Africa Leaders Summit builds on existing programs with a proven track record and provides funding for promising new initiatives.
Turning to Power Africa, which marks its 10-year anniversary this year, the initiative has closed 145 transactions and facilitated access to electricity for more than 172 million people in subSaharan Africa. The $100 million request will accelerate efforts to increase electricity generation capacity in sub-Saharan Africa in support of the Electrify Africa Act. Power Africa will expand work with partners to develop and finance cleaner and renewable energy projects, connect critical transmission lines, improve the efficiency and bankability of energy systems, and promote enabling environment reforms to attract and sustain long-term private sector investment across clean energy markets.