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GLOBAL EFFORT TO FIGHT ENERGY POVERTY IN AFRICA IS LAUNCHED AT THE WORLD ECONOMIC FORUM IN CAPE TOWN

Info-Prod Research (Middle East), June, 2007

Today at the World Economic Forum on Africa, the Development Bank of Southern Africa (DBSA) agreed to join the World Economic Forum's Energy Poverty Alliance as part of a drive to provide basic electricity to African citizens. Jay Naidoo, Chairman of the Board, and Paul Baloyi, Chief Executive Officer and Managing Director, Development Bank of Southern Africa, have committed to host the Energy Poverty Action Management Unit (EPAMU) at their offices in Midrand.

The Energy Poverty Alliance is a private sector initiative that delivers business expertise and best practices to reduce energy poverty. The three initiating partners, British Columbia Hydro and Power Authority (Canada), Eskom (South Africa) and Vattenfall (Sweden), have already committed to developing pilot projects...

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