II 

Calendar No. 489 

113TH CONGRESS 

2D SESSION S. 2508 

[Report No. 113–219] 

To establish a comprehensive United States Government policy to assist 

countries in sub-Saharan Africa to improve access to and the affordability, reliability, and sustainability of power, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

JUNE 19, 2014 

Mr. MENENDEZ (for himself, Mr. CORKER, Mr. COONS, Mr. ISAKSON, Mr. 

MARKEY, Mr. JOHANNS, Mr. CARDIN, Mrs. SHAHEEN, Mr. FRANKEN, 

Mr. DURBIN, Ms. KLOBUCHAR, Mr. GRAHAM, Mr. BLUNT, Ms. STABENOW, Mr. UDALL of Colorado, and Ms. CANTWELL) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations 

JULY 24, 2014 

Reported by Mr. MENENDEZ, with amendments and an amendment to the 

title 

[Omit the part struck through and insert the part printed in italic] 

A BILL 

To establish a comprehensive United States Government policy to assist countries in sub-Saharan Africa to improve 

access to and the affordability, reliability, and sustainability of power, and for other purposes. 


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1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

4 (a) SHORT TITLE.—This Act may be cited as the 

5 ‘‘Energize Africa Act of 2014’’. 

6 (b) TABLE OF CONTENTS.—The table of contents for 

7 this Act is as follows: 

Sec. 1. Short title; table of contents. 

Sec. 2. Findings. 

TITLE I—POLICIES TO IMPROVE ACCESS TO POWER IN SUBSAHARAN AFRICA 

Sec. 101. Purpose. 

Sec. 102. Statement of policy. 

Sec. 103. Development of comprehensive, multiyear strategy. 

Sec. 104. Sense of Congress on priorities with respect the energy sector of subSaharan African countries. 

Sec. 105. Prioritization of assistance for power projects in sub-Saharan Africa 

by the United States Agency for International Development. 

Sec. 106. Prioritization of assistance for power projects in sub-Saharan Africa 

by the Trade and Development Agency. 

Sec. 107. Prioritization of assistance for power projects in sub-Saharan Africa 

by the Overseas Private Investment Corporation. 

Sec. 108. Prioritization of assistance for power projects in sub-Saharan Africa 

by the World Bank Group and the African Development Bank. 

Sec. 109. Prioritization of assistance for power projects in sub-Saharan Africa 

by the United States African Development Foundation. 

Sec. 110. Prioritization of assistance for power projects in sub-Saharan Africa by 

the Millennium Challenge Corporation. 

Sec. 110111. Progress report. 

TITLE II—OVERSEAS PRIVATE INVESTMENT CORPORATION 

Sec. 201. Extension of issuing authority. 

Sec. 202. Expedited procedures for financing of small projects related to power 

generation and distribution in sub-Saharan Africa. 

Sec. 203. Activities in sub-Saharan Africa; investment advisory council. 

Sec. 204. Pilot program for expansion of eligible investors. 

Sec. 205. Pilot program for direct investment and local currency guaranties for 

power projects in sub-Saharan Africa. 

Sec. 206. Extension of maximum term of obligation for renewable energy 

projects in sub-Saharan Africa. 

Sec. 207. Inspector General. 

Sec. 208. Assessment of customer satisfaction. 

Sec. 209. Schedule B hiring authority. 

Sec. 210. Sense of Congress on funding. 

Sec. 211. Report on equity authority. 


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1 SEC. 2. FINDINGS. 

2 Congress makes the following findings: 

3 (1) As of 2010, approximately 589,000,000 

4 people in sub-Saharan Africa, or 68 percent of the 

5 population, did not have access to power. 

6 (2) Lack of access to power services 

7 disproportionally affects women, who often shoulder 

8 the burden of seeking sources of heat and light such 

9 as dung, wood, or charcoal and are often more ex10 posed to the associated negative health effects. 

11 (3) Women and girls also face increased risks 

12 of assault from walking long distances to gather fuel 

13 sources. 

14 (4) Access to power creates opportunities for 

15 people to work their way out of poverty, including 

16 through entrepreneurship. 

17 (5) A lack of power contributes to the high use 

18 of inefficient and often highly polluting fuel sources 

19 for indoor cooking, heating, and lighting that 

20 produce toxic fumes resulting in more than 

21 3,000,000 annual premature deaths from respiratory 

22 disease. 

23 (6) Reliable access to power is crucial for the 

24 storage of vaccines and antiretroviral and other life25 saving medical drugs, as well as for the operation of 

26 modern lifesaving medical equipment. 


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1 (7) Access to power can be used to improve 

2 food security by enabling post-harvest processing, 

3 pumping, irrigation, dry grain storage, milling, and 

4 refrigeration, and for other uses. 

5 (8) Access to power can provide improved infor6 mation and communication technologies that can 

7 greatly improve health and education outcomes as 

8 well as economic and commercial opportunities. 

9 (9) For the majority of people with access to 

10 power in sub-Saharan Africa, power services are 

11 highly unreliable and remain at least twice as expen12 sive compared to other emerging regions. 

13 (10) According to Enterprise Surveys of the 

14 World Bank, power cuts in sub-Saharan Africa cost 

15 companies more than 10 percent of sales in certain 

16 countries. 

17 (11) The consumer base in sub-Saharan Africa 

18 of approximately 1,000,000,000 people is rapidly 

19 growing and will create increasing demand for 

20 United States goods, services, and technologies, but 

21 the current power deficit in sub-Saharan Africa lim22 its that growth in demand by restricting economic 

23 growth on the continent of Africa. 

24 (12) Approximately 30 countries in sub-Saha25 ran Africa face endemic power shortages, and nearly 


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1 70 percent of surveyed businesses in sub-Saharan 

2 Africa cite unreliable power as a major constraint to 

3 growth. 

4 (13) The work of the Millennium Challenge 

5 Corporation in the energy sector shows high pro6 jected economic rates of returns that translate to 

7 sustainable economic growth and the highest returns 

8 are projected when infrastructure improvements are 

9 coupled with significant legislative, policy, and regu10 latory reforms and institutional strengthening. 

11 (14) Sub-Saharan Africa has abundant renew12 able and fossil fuel resources with which to generate 

13 power. 

14 (15) In some countries in sub-Saharan Africa, 

15 weak governance capacity, undue regulatory bar16 riers, and unnecessary legal constraints, as well as 

17 a lack of transparency and accountability, stifle the 

18 ability of public and private investment to assist in 

19 the generation and distribution of power. 

20 (16) Without new policies and more effective 

21 public and private investments in power sector enter22 prises to increase and expand access to power in 

23 sub-Saharan Africa, more than 70 percent of the 

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1 lation, are likely to remain without access to power 

2 through at least 2030. 

3 (17) Consumers in sub-Saharan Africa spend 

4 billions of dollars annually on kerosene and other 

5 fuels for household needs, which can, for poor fami6 lies, represent more than 15 percent of household in7 come and can expose residents to significant fire and 

8 toxicity risks. 

9 (18) Kerosene lamps used in homes can cause 

10 fires and severe burn injuries and expose users to 

11 hazardous air pollutants in close quarters, and 

12 switching from fuel-based lighting to cheaper, clean13 er systems would provide higher quality light with no 

14 negative health effects while achieving significant 

15 economic savings. 

16 (19) New technological advances in power gen17 eration coupled with more efficient appliances are 

18 resulting in robust, affordable, and non-polluting off19 grid power solutions and entrepreneurs are devel20 oping new business models allowing off-grid house21 holds to finance systems over time, resulting in a 

22 rapidly growing off-grid power market. 


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1 TITLE I—POLICIES TO IMPROVE 

2 ACCESS TO POWER IN SUB-SA3 HARAN AFRICA 

4 SEC. 101. PURPOSE. 

5 The purpose of this title is to assist encourage the 

6 efforts of countries in sub-Saharan Africa to improve ac7 cess to affordable and reliable power in order to unlock 

8 the potential for economic growth and promote develop9 ment, job creation, food security, improved health, edu10 cational, and environmental outcomes, and reduce poverty. 

11 SEC. 102. STATEMENT OF POLICY. 

12 Congress declares that it is the policy of the United 

13 States to partner, consult, and coordinate with the govern14 ments of sub-Saharan African countries, international fi15 nancial institutions, African regional economic commu16 nities, and the private sector, in a concerted effort to— 

17 (1) promote first-time access to power and 

18 power services for at least 50,000,000 people in sub19 Saharan Africa by 2020 in both urban and rural 

20 areas; 

21 (2) encourage the installation of at least 20,000 

22 additional megawatts of electrical power in sub-Sa23 haran Africa by 2020 using a broad mix of energy 

24 options to help reduce poverty, promote sustainable 

25 development, and drive economic growth; 


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1 (3) promote reliable, affordable, and sustainable 

2 power in urban areas (including small urban areas) 

3 to promote economic growth and job creation; 

4 (4) promote efficient institutional platforms and 

5 financing to provide electrical service to rural and 

6 underserved populations; 

7 (5) encourage the necessary in-country reforms 

8 to make such expansion of power access possible; 

9 (6) promote reforms of power production, deliv10 ery, and pricing, as well as regulatory reforms and 

11 transparency, to support long-term, market-based 

12 power generation and distribution; and 

13 (7) promote policies to displace kerosene light14 ing with other technologies.; and 

15 (8) promote an all-of-the-above energy develop16 ment strategy for sub-Saharan Africa that includes 

17 the use of oil, natural gas, coal, hydroelectric, wind, 

18 solar, and geothermal power, and other sources of en19 ergy. 

20 SEC. 103. DEVELOPMENT OF COMPREHENSIVE, MULTIYEAR 

21 STRATEGY. 

22 (a) STRATEGY REQUIRED.— 

23 (1) IN GENERAL.—The President shall establish 

24 a comprehensive, integrated, multiyear strategy to 

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1 ran Africa to implement national power strategies 

2 and develop an appropriate mix of power solutions, 

3 including renewable energy, to provide access to suf4 ficient reliable, affordable, and sustainable power in 

5 order to reduce poverty and drive economic growth 

6 and job creation. 

7 (2) FLEXIBILITY AND RESPONSIVENESS.—The 

8 President shall ensure that the strategy required by 

9 paragraph (1) maintains sufficient flexibility for and 

10 remains responsive to technological innovation in the 

11 power sector. 

12 (b) REPORT REQUIRED.—Not later than 180 days 

13 after the date of the enactment of this Act, the President 

14 shall submit to the Committee on Foreign Relations of the 

15 Senate and the Committee on Foreign Affairs of the 

16 House of Representatives a report that contains the strat17 egy required by subsection (a) and includes a discussion 

18 of the following elements: 

19 (1) The general and specific objectives of the 

20 strategy. 

21 (2) The criteria for determining the success of 

22 the strategy. 

23 (3) A description of the manner in which the 

24 strategy will support efforts of countries receiving 

25 assistance pursuant to the strategy in sub-Saharan 


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1 Africa to improve access to power using a broad mix 

2 of energy options and improve the affordability and 

3 reliability of power in sub-Saharan Africa. 

4 (4) A general description of regional and coun5 try plans and significant local efforts, as appro6 priate, in sub-Saharan Africa to— 

7 (A) increase power production; 

8 (B) strengthen electrical transmission and 

9 distribution infrastructure; 

10 (C) provide for regulatory reform and 

11 transparent and accountable governance and 

12 oversight; 

13 (D) improve the reliability of power; 

14 (E) maintain the affordability of power; 

15 (F) maximize the financial sustainability of 

16 the power sector; and 

17 (G) improve access to power. 

18 (5) A description of plans to support efforts of 

19 countries receiving assistance pursuant to the strat20 egy in sub-Saharan Africa to increase access to 

21 power in urban and rural areas, including a descrip22 tion of plans designed to address commercial, indus23 trial, and residential needs. 

24 (6) A description of plans to support efforts of 

25 such countries to reduce waste and corruption and 


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1 improve existing power generation through the use 

2 of a broad power mix, including fossil fuel and re3 newable energy, distributed generation models, and 

4 other technological innovations, as appropriate. 

5 (7) An analysis of existing mechanisms for en6 suring, and recommendations to promote— 

7 (A) commercial cost recovery in countries 

8 receiving assistance pursuant to the strategy; 

9 (B) commercialization of electric service 

10 through distribution service providers to con11 sumers; 

12 (C) improvements in revenue cycle man13 agement, power pricing, and fees assessed for 

14 service contracts and connections; 

15 (D) reductions in technical losses in the 

16 transmission systems and commercial losses re17 sulting from inefficiencies, including inefficien18 cies in the billing and collection cycle, theft, and 

19 manipulation of meter reading and billing sys20 tems; and 

21 (E) access to power, including rec22 ommendations on the creation of new service 

23 provider models that mobilize community par24 ticipation in the provision of power services. 


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1 (8) A description of United States Government 

2 efforts to support the efforts of countries receiving 

3 assistance pursuant to the strategy in sub-Saharan 

4 Africa to leverage private sector resources and public 

5 sector financing pursuant to the strategy. 

6 (9) A description of the reforms being under7 taken or planned by countries in sub-Saharan Africa 

8 to ensure the long-term economic viability of power 

9 projects and to increase access to power, including— 

10 (A) reforms designed to allow third parties 

11 to connect power generation to the grid 

12 affordably, quickly, and without undue regu13 latory burdens; 

14 (B) policies to ensure there is a viable, 

15 adequately resourced, independent, and capable 

16 utility regulator; 

17 (C) strategies to ensure utilities become or 

18 remain creditworthy; 

19 (D) regulations that permit the participa20 tion of independent power producers and pri21 vate-public partnerships; 

22 (E) policies that encourage private invest23 ment in power generation; 


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1 (F) policies that ensure compensation for 

2 power provided to the electrical grid by on-site 

3 producers; 

4 (G) policies to unbundle power services; 

5 and 

6 (H) regulations to eliminate conflicts of in7 terest in the utility sector. 

8 (10) A description of plans to ensure— 

9 (A) local consultation, as appropriate, in 

10 the planning, long-term maintenance, and man11 agement of investments designed to increase ac12 cess to power in sub-Saharan Africa; and 

13 (B) that such investments are sustainable 

14 and transparent, including through the provi15 sion of technical assistance and training. 

16 (11) An identification of the relevant United 

17 States Government departments and agencies that 

18 will be involved in carrying out the strategy. 

19 (12) A description of the level and distribution 

20 of resources that will be dedicated on an annual 

21 basis among those departments and agencies. 

22 (13) A description of the role of each such de23 partment or agency and the types of programs that 

24 each such department or agency will conduct. 


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1 (14) A description of the mechanisms that will 

2 be used to coordinate the efforts of United States 

3 Government departments and agencies in carrying 

4 out the strategy to avoid duplication of efforts, en5 hance coordination, and ensure that each such de6 partment or agency conducts programs primarily in 

7 the areas in which that department or agency has 

8 the greatest expertise, technical capabilities, and po9 tential for success. 

10 (15) A description of the mechanisms to be es11 tablished for— 

12 (A) monitoring and evaluating increased 

13 access to, and reliability and affordability of, 

14 power in sub-Saharan Africa for individuals, 

15 communities, and businesses; 

16 (B) maximizing the financial sustainability 

17 of power generation, transmission, and distribu18 tion in sub-Saharan Africa; 

19 (C) sharing best practices among relevant 

20 United States Government departments and 

21 agencies and with other countries and institu22 tions participating in efforts to increase access 

23 to power in sub-Saharan Africa; 

24 (D) establishing metrics to demonstrate 

25 progress on meeting goals relating to access to 


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1 power, power generation, and distribution in 

2 sub-Saharan Africa; and 

3 (E) terminating unsuccessful programs. 

4 (16) A description of the engagement plan for 

5 working with local communities benefitting from or 

6 affected by projects carried out pursuant to the 

7 strategy. 

8 (17) A description of the mechanisms that will 

9 be used to ensure greater coordination between the 

10 United States and foreign governments, inter11 national organizations, African regional economic 

12 communities, international financial institutions, 

13 international fora such as the G–8 and G–20, and 

14 private sector and civil society organizations. 

15 (18) An outline of how the President intends to 

16 partner with foreign governments, the World Bank 

17 Group, the African Development Bank, the private 

18 sector, and other development partners to assist en19 courage sub-Saharan African countries to conduct 

20 project studies and facilitate project development. 

21 (19) A description of how the President intends 

22 to help facilitate transnational and regional elec23 trification projects where appropriate. 

24 (20) A description of how the President intends 

25 to help sub-Saharan countries use new or potential 


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1 fossil fuel and other resources in order to provide 

2 power to their citizens. 

3 (21) A description of how the President intends 

4 to promote trade in electrical equipment with coun5 tries in sub-Saharan Africa, including a description 

6 of how the government of each country receiving as7 sistance pursuant to the strategy— 

8 (A) plans to lower or eliminate import tar9 iffs or other taxes for energy and other power 

10 production and distribution technologies des11 tined for sub-Saharan Africa, including equip12 ment used to provide energy access, including 

13 solar lanterns, solar home systems, and micro 

14 and mini grids; and 

15 (B) plans to protect the intellectual prop16 erty of companies designing and manufacturing 

17 products that can be used to provide energy ac18 cess in sub-Saharan Africa. 

19 (22) A description of how the President intends 

20 to work with the African Development Bank and 

21 other partners to increase the capacity of sub-Saha22 ran African utilities to— 

23 (A) develop standardized power purchase 

24 agreements and other contracts to streamline 

25 project development; and 


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1 (B) negotiate and monitor compliance with 

2 power purchase agreements and other contracts 

3 entered into with the private sector. 

4 (23) A description of how the President intends 

5 to encourage the growth of distributed renewable en6 ergy markets in sub-Saharan Africa, including off7 grid lighting and power, that includes— 

8 (A) a country-by-country analysis of the 

9 state of distributed renewable energy in sub-Sa10 haran Africa, including off-grid lighting and 

11 power; 

12 (B) a description of market barriers to the 

13 deployment of distributed renewable energy 

14 technologies both on- and off-grid in sub-Saha15 ran Africa; 

16 (C) measures United States Government 

17 departments and agencies, including the United 

18 States Agency for International Development 

19 and the Overseas Private Investment Corpora20 tion, can take— 

21 (i) to overcome or eliminate market 

22 barriers or enhance financing opportunities 

23 for distributed renewable energy solutions 

24 in sub-Saharan Africa; and 


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1 (ii) to assist encourage multilateral or2 ganizations such as the World Bank Group 

3 in efforts to eliminate such barriers or en4 hance such opportunities; 

5 (D) the amount and kind of financial sup6 port and financing provided to participants in 

7 distributed energy markets by the United 

8 States Government, international financial in9 stitutions, and other international organiza10 tions; 

11 (E) an analysis of the efficacy of efforts by 

12 the Overseas Private Investment Corporation 

13 and the United States Agency for International 

14 Development to facilitate the financing of the 

15 importation, distribution, sale, leasing, or mar16 keting of distributed renewable energy tech17 nologies; and 

18 (F) a description of how bolstering distrib19 uted renewable energy can enhance the overall 

20 effort to increase power access in sub-Saharan 

21 Africa. 

22 (24) Any other issues the President determines 

23 are relevant to the strategy. 

24 (c) INTERAGENCY WORKING GROUP.— 


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1 (1) IN GENERAL.—The President may, as appro2 priate, establish an Interagency Working Group to co3 ordinate the activities of relevant United States Gov4 ernment departments and agencies involved in car5 rying out the strategy required under this section. 

6 (2) FUNCTIONS.—The Interagency Working 

7 Group may, among other things, seek to coordinate 

8 the activities of the United States Government depart9 ments and agencies involved in implementing the 

10 strategy, ensure efficient and effective coordination be11 tween participating departments and agencies, facili12 tate information sharing, and coordinate partnerships 

13 between United States Government, the private sector, 

14 and other development partners to achieve the goals 

15 of the strategy. 

16 (c)(d) AFRICAN POWER ADVISORY GROUP.— 

17 (1) ESTABLISHMENT.—For the purposes of de18 veloping the strategy required by subsection (a), the 

19 President shall establish a African Power Advisory 

20 Group to advise on the development and implemen21 tation of the strategy and report required by this 

22 section and assistance support provided pursuant to 

23 this section. 


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1 (2) MEMBERSHIP.—The African Power Advi2 sory Group shall be composed of 12 13 members ap3 pointed by the President, including the following: 

4 (A) The Coordinator of the President’s 

5 Power Africa Initiative. 

6 (B) Seven individuals from the power sec7 tor, of whom— 

8 (i) at least one shall have experience 

9 in the fossil fuel power sector; 

10 (ii) at least one shall have experience 

11 with the rural electrical cooperatives; 

12 (iii) at least one shall have experience 

13 in the renewable energy sector; and 

14 (iv) at least one shall have experience 

15 in the distributed generation sector. 

16 (C) Three individuals, other than individ17 uals described in subparagraph (B), who shall 

18 have experience in working with the business 

19 community in Africa or with governments of 

20 countries in Africa. 

21 (D) One individual who shall have experi22 ence with utility regulation. 

23 (E) The official designated pursuant to sec24 tion 1206(d) of the National Defense Authoriza25 tion Act for Fiscal Year 2014 (Public law 113– 


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1 66; 127 Stat. 902; 22 U.S.C. 2151 note) to co2 ordinate efforts to increase United States exports 

3 to Africa. 

4 (3) FUNCTIONS.—The President shall call upon 

5 members of the African Power Advisory Group, ei6 ther collectively or individually, to advise the Presi7 dent regarding the development and implementation 

8 of the strategy and report required by this section 

9 and assistance support provided pursuant to this 

10 section. 

11 (4) MEETINGS.—The African Power Advisory 

12 Group shall meet not later than 60 days after the 

13 date of the enactment of this Act and not less fre14 quently than annually thereafter. 

15 (5) FEDERAL ADVISORY COMMITTEE ACT.—The 

16 African Power Advisory Group established under 

17 this section shall not be subject to the Federal Advi18 sory Committee Act (5 U.S.C. App.). 

19 SEC. 104. SENSE OF CONGRESS ON PRIORITIES WITH RE20 SPECT THE ENERGY SECTOR OF SUB-SAHA21 RAN AFRICAN COUNTRIES. 

22 It is the sense of Congress that— 

23 (1) as the United States deepens its engage24 ment with countries in sub-Saharan Africa pursuant 

25 to the authorities provided under this Act, priority 


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1 should be given to countries with a demonstrated 

2 commitment to— 

3 (A) transparency, accountability, and 

4 credibility in energy sector governance; 

5 (B) prudent macroeconomic management 

6 of energy resources, including sound fiscal and 

7 debt management; 

8 (C) energy sector reforms, including tariff 

9 reform, unbundling of vertically integrated utili10 ties, and access for independent power pro11 ducers; 

12 (D) responsible development of newly dis13 covered energy resources; 

14 (E) expansion of power generation, trans15 mission, and access, including distributed mini16 grid and off-grid solutions; and 

17 (F) private sector and investment climate 

18 reforms, such as strong rule of law and robust 

19 controls over the business regulatory environ20 ment; and 

21 (2) the United States should consider, in 

22 prioritizing efforts carried out pursuant to this 

23 Act— 

24 (A) opportunities for the United States 

25 private sector to contribute to the energy sector 


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1 in sub-Saharan African countries through tech2 nology, innovation, and project development; 

3 (B) the potential of such efforts to facili4 tate regional power trade and expand power ac5 cess across borders; 

6 (C) private sector interest and participa7 tion in the energy sector of sub-Saharan Afri8 can countries; 

9 (D) the long-term financial viability of en10 ergy sector projects in development; 

11 (E) opportunities to collaborate with inter12 national donors and partners in energy sector 

13 development involving multilateral institutions 

14 such as the World Bank Group and the African 

15 Development Bank; 

16 (F) the availability of United States Gov17 ernment resources and appropriate funds to 

18 support the expansion of technical assistance, 

19 delivery units, and transaction advisors and 

20 teams to implement United States Government 

21 programs to expand power access in sub-Saha22 ran Africa; and 

23 (G) mechanisms to promote efficient and 

24 effective coordination among United States 

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1 ing allocation of well-defined roles for each such 

2 department or agency. 

3 SEC. 105. PRIORITIZATION OF ASSISTANCE FOR POWER 

4 PROJECTS IN SUB-SAHARAN AFRICA BY THE 

5 UNITED STATES AGENCY FOR INTER6 NATIONAL DEVELOPMENT. 

7 (a) LOAN GUARANTEES.—In pursuing the policy 

8 goals described in section 102, the Administrator of the 

9 United States Agency for International Development 

10 should prioritize loan guarantees to local financial institu11 tions in sub-Saharan Africa, as appropriate, to— 

12 (1) facilitate the involvement of such institu13 tions in power projects and markets, both on- and 

14 off-grid, in sub-Saharan Africa; 

15 (2) allow such institutions to partner with other 

16 investors to leverage expertise and increase the im17 pact of such loan guarantees for energy access and 

18 power production projects in sub-Saharan Africa; 

19 (3) allow such institutions to partner with other 

20 investors to fund local research, development, and 

21 deployment of technology in order to specifically in22 crease access to reliable, affordable, and sustainable 

23 power in sub-Saharan Africa; and 

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1 cluding off-grid projects and services in rural areas 

2 of sub-Saharan Africa. 

3 (b) GRANTS.—The Administrator shall should, as ap4 propriate, prioritize assistance to— 

5 (1) support the implementation or development, 

6 as appropriate, of national, regional, and local en7 ergy and economically sustainable power policy plans 

8 in sub-Saharan Africa; 

9 (2) expand power access across sub-Saharan 

10 Africa, including specifically to the poorest popu11 lations and rural and isolated communities; 

12 (3) build the capacity of countries in sub-Saha13 ran Africa to monitor and appropriately and trans14 parently regulate the power sector and encourage 

15 private investment in power production and distribu16 tion; and 

17 (4) increase access to reliable, affordable, and 

18 sustainable power in sub-Saharan Africa, including 

19 the development of plans to increase power access in 

20 rural areas. 

21 (c) EFFECTIVENESS MEASUREMENT.—In providing 

22 the loan guarantees and assistance prioritized pursuant to 

23 this section, the Administrator shall use clear, account24 able, and metric-based targets to measure the effectiveness 


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1 of such guarantees and assistance in achieving the goals 

2 described in section 102. 

3 (d) RULE OF CONSTRUCTION.—Nothing in this sec4 tion shall be construed to authorize modifying or limiting 

5 the portfolio of the United States Agency for International 

6 Development in other developing regions. 

7 SEC. 106. PRIORITIZATION OF ASSISTANCE FOR POWER 

8 PROJECTS IN SUB-SAHARAN AFRICA BY THE 

9 TRADE AND DEVELOPMENT AGENCY. 

10 (a) IN GENERAL.—The Director of the Trade and 

11 Development Agency should prioritize, as appropriate— 

12 (1) the promotion of United States private sec13 tor participation in energy sector development 

14 projects in sub-Saharan Africa by conducting project 

15 preparation activities for projects in sub-Saharan Af16 rica, including feasibility studies, technical assist17 ance, pilot projects, reverse trade missions, con18 ferences, and workshops; and 

19 (2) the funding of project preparation activities 

20 for projects in sub-Saharan Africa that involve in21 creased access to power, including power generation 

22 and trade capacity building. 

23 (b) FOCUS.—The project preparation activities de24 scribed in subsection (a) should focus on supporting 

25 projects in sub-Saharan Africa that enhance efficiencies 


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1 in the areas of power generation, transmission, and dis2 tribution grids, including on-grid, off-grid, and micro-grid 

3 solutions, and best practices in demand-side management. 

4 (c) RULE OF CONSTRUCTION.—Nothing in this sec5 tion shall be construed to authorize modifying or limiting 

6 the portfolio of the Trade and Development Agency in 

7 other developing regions. 

8 SEC. 107. PRIORITIZATION OF ASSISTANCE FOR POWER 

9 PROJECTS IN SUB-SAHARAN AFRICA BY THE 

10 OVERSEAS PRIVATE INVESTMENT CORPORA11 TION. 

12 (a) IN GENERAL.—The Overseas Private Investment 

13 Corporation should, as appropriate— 

14 (1) prioritize support for private sector invest15 ments in the power sector of sub-Saharan Africa, in16 cluding in renewable energy, that will— 

17 (A) maximize the number of people with 

18 new access to power and power services; 

19 (B) improve and expand the transmission 

20 and distribution of power and off-grid lighting 

21 and power solutions; 

22 (C) provide reliable power to people and 

23 businesses in urban and rural communities; 


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1 (D) address the energy needs of people liv2 ing in areas where there is little or no access 

3 to a power grid; 

4 (E) reduce transmission and distribution 

5 losses and improve end-use efficiency and de6 mand-side management; and 

7 (F) reduce energy-related impediments to 

8 business productivity and investment; 

9 (2) implement procedures for expedited review 

10 of and, where appropriate, approval of, applications 

11 by eligible investors (as defined in section 238 of the 

12 Foreign Assistance Act of 1961 (22 U.S.C. 2198)) 

13 for loans, loan guarantees, and insurance for such 

14 investments; 

15 (3) encourage small- and medium-sized enter16 prises and cooperative service providers to partici17 pate in energy investment activities in sub-Saharan 

18 Africa; and 

19 (4) publish information on the effects of its en20 ergy investments on development in sub-Saharan Af21 rica. 

22 (b) RULE OF CONSTRUCTION.—Nothing in this sec23 tion shall be construed to authorize modifying or limiting 

24 the portfolio of the Overseas Private Investment Corpora25 tion in other developing regions. 


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1 SEC. 108. PRIORITIZATION OF ASSISTANCE FOR POWER 

2 PROJECTS IN SUB-SAHARAN AFRICA BY THE 

3 WORLD BANK GROUP AND THE AFRICAN DE4 VELOPMENT BANK. 

5 (a) IN GENERAL.—The Secretary of the Treasury 

6 should direct the United States Executive Directors of the 

7 World Bank Group and the African Development Bank 

8 to, as appropriate, use the voice, vote, and influence of 

9 the United States to help ensure the World Bank Group 

10 and the African Development Bank— 

11 (1) prioritize— 

12 (A) increasing their investment in, and ef13 forts to promote investment in, well-designed 

14 power sector and electrification projects in sub15 Saharan Africa; 

16 (B) creating financing opportunities, pro17 vide financing, and provide technical assistance 

18 to promote both on- and off-grid power and 

19 lighting solutions in sub-Saharan Africa; 

20 (C) stimulating private investment in reli21 able, affordable, and sustainable power in sub22 Saharan Africa; and 

23 (D) providing technical assistance to the 

24 regulatory authorities of governments in sub25 Saharan Africa to— 


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1 (i) remove unnecessary regulatory and 

2 legal barriers to investment in commer3 cially viable power projects and markets; 

4 (ii) modify regulatory and legal re5 gimes to assist providers in reducing power 

6 transmission and distribution technical 

7 losses; 

8 (iii) implement cost-based power tar9 iffs and provide for commercial cost recov10 ery; 

11 (iv) encourage end-use efficiency and 

12 demand-side management in the power 

13 sector; 

14 (v) strengthen local power markets; 

15 (vi) reduce corruption in the power in16 dustry, including in government and regu17 latory processes associated with power pro18 duction and distribution; 

19 (vii) encourage domestic investment in 

20 the power sector; 

21 (viii) improve transparency and good 

22 governance with respect to regulatory and 

23 legal processes and requirements in the 

24 power sector; 


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1 (ix) encourage affordable and expe2 dited interconnection for distributed energy 

3 systems and independent power producers; 

4 (x) ensure compliance with the best 

5 practices of the World Bank Group and 

6 the African Development Bank; and 

7 (xi) implement regulatory and legal 

8 reforms that facilitate efficient power gen9 eration, transmission, and distribution and 

10 efficient off-grid energy markets; 

11 (2) use clear, accountable, and metric-based 

12 targets to measure the effectiveness of investment 

13 and other assistance provided by the World Bank 

14 Group or the African Development Bank, as the 

15 case may be, for power sector and electrification 

16 projects in sub-Saharan Africa; and 

17 (3) support the efforts of the World Bank 

18 Group to foster growth in the off-grid lighting and 

19 power markets. 

20 (b) RULE OF CONSTRUCTION.—Nothing in this sec21 tion shall be construed to authorize the Secretary of the 

22 Treasury to advocate for modifying or limiting the port23 folio of the World Bank Group or the African Develop24 ment Bank in other developing regions. 


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1 SEC. 109. PRIORITIZATION OF ASSISTANCE FOR POWER 

2 PROJECTS IN SUB-SAHARAN AFRICA BY THE 

3 UNITED STATES AFRICAN DEVELOPMENT 

4 FOUNDATION. 

5 (a) IN GENERAL.—The Board of Directors and the 

6 President of the United States African Development 

7 Foundation should seek opportunities to make grants and 

8 provide technical support to businesses and organizations 

9 in sub-Saharan Africa that qualify for assistance from the 

10 Foundation and are developing on- and off-grid solutions 

11 to meet the power needs of rural communities underserved 

12 by national grids. 

13 (b) FOCUS.—The mission of the United States Afri14 can Development Foundation under subsection (a) is to 

15 meet the needs of underserved communities and close crit16 ical development gaps with speed, efficiency, and effective17 ness. 

18 SEC. 110. PRIORITIZATION OF ASSISTANCE FOR POWER 

19 PROJECTS IN SUB-SAHARAN AFRICA BY THE 

20 MILLENNIUM CHALLENGE CORPORATION. 

21 (a) IN GENERAL.—The Chief Executive Officer and the 

22 Board of Directors of the Millennium Challenge Corpora23 tion should— 

24 (1) assess, as appropriate, the extent to which in25 sufficient access to and reliability of electricity is a 


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1 binding constraint on sustainable economic growth in 

2 countries in sub-Saharan Africa; and 

3 (2) prioritize, as appropriate— 

4 (A) the provision of assistance to support 

5 private and public sector efforts to increase ac6 cess to and the reliability of electricity in such 

7 countries, including through on- and off-grid 

8 generation and electrical transmission and dis9 tribution projects; 

10 (B) engagement with governments of such 

11 countries to assist in identifying and estab12 lishing legal, regulatory, policy, and institu13 tional reforms related to power sector invest14 ments; 

15 (C) consultation with independent power 

16 producers, public and private financial institu17 tions, and other power sector stakeholders during 

18 project planning; and 

19 (D) guidance, including in the design of 

20 project methodologies and performance metrics, 

21 as requested by other United States Government 

22 departments and agencies involved in activities 

23 authorized under this title. 

24 (b) RULE OF CONSTRUCTION.—Nothing in this section 

25 shall be construed to authorize modifying or limiting the 


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1 assistance programs of the Millennium Challenge Corpora2 tion in other developing regions or sectors. 

3 SEC. 110.111. PROGRESS REPORT. 

4 (a) IN GENERAL.—Not later than 3 years after the 

5 date of the enactment of this Act, the President shall sub6 mit to the Committee on Foreign Relations of the Senate 

7 and the Committee on Foreign Affairs of the House of 

8 Representatives a report on progress made toward achiev9 ing the policy goals described in section 102 that includes 

10 the following: 

11 (1) A report on United States programs sup12 porting implementation of policy and legislative 

13 changes leading to increased power generation and 

14 access in sub-Saharan Africa, including a description 

15 of the number, type, and status of policy, regulatory, 

16 and legislative changes initiated or implemented as 

17 a result of programs funded or supported by the 

18 United States in countries in sub-Saharan Africa to 

19 support increased power generation and access after 

20 the date of the enactment of this Act. 

21 (2) A description of power projects receiving 

22 United States Government support and how such 

23 projects, including off-grid efforts, are intended to 

24 achieve the policy goals described in section 102. 


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1 (3) For each project described in paragraph 

2 (2)— 

3 (A) a description of how the project fits 

4 into, or encourages modifications of, the na5 tional energy plan of the country in which the 

6 project will be carried out, including encour7 aging regulatory reform in that county; 

8 (B) an estimate of the total cost of the 

9 project to the consumer, the country in which 

10 the project will be carried out, and other inves11 tors; 

12 (C) the amount of financing provided or 

13 guaranteed by the United States Government 

14 for the project; 

15 (D) an estimate of United States Govern16 ment resources for the project, itemized by 

17 funding source, including from the Overseas 

18 Private Investment Corporation, the United 

19 States Agency for International Development, 

20 the Department of the Treasury, or other ap21 propriate United States Government depart22 ments and agencies; 

23 (E) an estimate of the number of individ24 uals, communities, businesses, schools, and 

25 health facilities that have gained power connecVerDate Mar 15 2010 23:55 Jul 24, 2014 Jkt 039200 PO 00000 Frm 00035 Fmt 6652 Sfmt 6201 E:\BILLS\S2508.RS S2508

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1 tions as a result of the project, with a descrip2 tion of how the reliability, affordability, and 

3 sustainability of power has been improved as of 

4 the date of the report; and 

5 (F) an assessment of the increase in the 

6 number of people and businesses with access to 

7 power and in the operating electrical power ca8 pacity in megawatts as a result of the project 

9 between the date of the enactment of this Act 

10 and the date of the report. 

11 (4) A description of any significant estimated 

12 non-economic effects of the efforts carried out pur13 suant to this Act. 

14 TITLE II—OVERSEAS PRIVATE 

15 INVESTMENT CORPORATION 

16 SEC. 201. EXTENSION OF ISSUING AUTHORITY. 

17 Section 235(a)(2) of the Foreign Assistance Act of 

18 1961 (22 U.S.C. 2195(a)(2)) is amended by striking 

19 ‘‘2007’’ and inserting ‘‘2019’’. 

20 SEC. 202. EXPEDITED PROCEDURES FOR FINANCING OF 

21 SMALL PROJECTS RELATED TO POWER GEN22 ERATION AND DISTRIBUTION IN SUB-SAHA23 RAN AFRICA. 

24 (a) IN GENERAL.—Not later than 180 days after the 

25 date of the enactment of this Act, the Overseas Private 


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1 Investment Corporation should, as appropriate, simplify 

2 and streamline the application, approval, and post-ap3 proval processes for insurance, financing, investment, or 

4 reinsurance for projects or subprojects, including off-grid 

5 efforts, in sub-Saharan Africa for which the total support 

6 of the Corporation is less than $20,000,000, by— 

7 (1) expediting the review and consideration of, 

8 and determinations with respect to, applications for 

9 insurance, financing, investment, or reinsurance, 

10 consistent with investment best practices, including 

11 appropriate risk management, for such projects and 

12 subprojects; and 

13 (2) reducing the burdens of project manage14 ment for, and eliminating duplicative or unnecessary 

15 oversight of such projects and subprojects after ap16 proval of insurance, financing, investment, or rein17 surance for projects or subprojects. 

18 (b) CONSIDERATION OF BEST PRACTICES.—In revis19 ing its procedures as required by subsection (a), the Over20 seas Private Investment Corporation should consider best 

21 practices established by the International Finance Cor22 poration of the World Bank Group. 


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1 SEC. 203. ACTIVITIES IN SUB-SAHARAN AFRICA; INVEST2 MENT ADVISORY COUNCIL. 

3 Section 233(e) of the Foreign Assistance Act of 1961 

4 (22 U.S.C. 2193(e)) is amended to read as follows: 

5 ‘‘(e) ACTIVITIES IN SUB-SAHARAN AFRICA; INVEST6 MENT ADVISORY COUNCIL.— 

7 ‘‘(1) IN GENERAL.—The Board should take 

8 prompt measures to prioritize, as appropriate, the 

9 loan, guarantee, and insurance programs, and finan10 cial commitments, of the Corporation in sub-Saha11 ran Africa in the areas of power generation, dis12 tribution, and off-grid power and lighting, including 

13 through the use of an investment advisory council to 

14 assist the Board in developing and implementing 

15 policies, programs, and financial instruments with 

16 respect to sub-Saharan Africa. 

17 ‘‘(2) RECOMMENDATIONS.—The investment ad18 visory council described in paragraph (1) shall make 

19 recommendations to the Board on how the Corpora20 tion can facilitate greater support by the United 

21 States for private sector trade and investment with 

22 and in sub-Saharan Africa. 

23 ‘‘(3) TERMINATION.—The investment advisory 

24 council described in paragraph (1) shall terminate 

25 on December 31, 2018. 


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1 ‘‘(4) APPLICABILITY OF FEDERAL ADVISORY

2 COMMITTEE ACT.—The investment advisory council 

3 described in paragraph (1) shall not be subject to 

4 the Federal Advisory Committee Act (5 U.S.C. 

5 App.).’’. 

6 SEC. 204. PILOT PROGRAM FOR EXPANSION OF ELIGIBLE 

7 INVESTORS. 

8 (a) IN GENERAL.—The Overseas Private Investment 

9 Corporation shall conduct a pilot program under which en10 tities that are covered by section 238(c)(3) of the Foreign 

11 Assistance Act of 1961 (22 U.S.C. 2198(c)(3)) and are 

12 substantially beneficially owned by United States citizens 

13 shall be considered eligible investors under section 238(c) 

14 of that Act for the sole purpose of receiving assistance 

15 from the Corporation for power projects in sub-Saharan 

16 Africa. 

17 (b) CAP ON ASSISTANCE.—Assistance provided by 

18 the Corporation for a power project in sub-Saharan Africa 

19 pursuant to subsection (a) to an entity that is covered by 

20 section 238(c)(3) of the Foreign Assistance Act of 1961 

21 (22 U.S.C. 2198(c)(3)) and is substantially beneficially 

22 owned by United States citizens shall not exceed the lesser 

23 of— 

24 (1) the share of ownership in the entity of such 

25 United States citizens; or 


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1 (2) the percentage of the investment of the enti2 ty in the project. 

3 (c) TERMINATION OF PILOT PROGRAM.—The pilot 

4 program under subsection (a) shall terminate on the date 

5 that is 5 years after the date of the enactment of this 

6 Act. 

7 (d) CONTINUED VALIDITY OF EXISTING SUPPORT.— 

8 Notwithstanding subsection (c), any support provided be9 fore the date that is 5 years after the date of the enact10 ment of this Act pursuant to the pilot program under sub11 section (a) shall remain valid on and after that date. 

12 SEC. 205. PILOT PROGRAM FOR DIRECT INVESTMENT AND 

13 LOCAL CURRENCY GUARANTIES FOR POWER 

14 PROJECTS IN SUB-SAHARAN AFRICA. 

15 (a) IN GENERAL.—The Overseas Private Investment 

16 Corporation shall conduct a pilot program to— 

17 (1) make loans to eligible investors under sec18 tion 234(c) of the Foreign Assistance Act of 1961 

19 (22 U.S.C. 2194(c)) for power projects in sub-Saha20 ran Africa and for which the total support of the 

21 Corporation does not exceed $50,000,000; and 

22 (2) issue local currency guarantees under sec23 tion 234(h) of the Foreign Assistance Act of 1961 

24 (22 U.S.C. 2194(h)) to African subsidiaries of for25 eign financial institutions if the issuance of such 


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1 guarantees directly facilitates lending for power 

2 projects in sub-Saharan Africa undertaken by eligi3 ble investors. 

4 (b) ELIGIBLE INVESTOR DEFINED.—In this section, 

5 the term ‘‘eligible investor’’ means an eligible investor as 

6 defined in section 238(c) of the Foreign Assistance Act 

7 of 1961 (22 U.S.C. 2198(c)) or described in section 

8 204(a) of this Act. 

9 (c) TERMINATION OF PILOT PROGRAM.—The pilot 

10 program under subsection (a) shall terminate on the date 

11 that is 5 years after the date of the enactment of this 

12 Act. 

13 (d) CONTINUED VALIDITY OF EXISTING LOANS AND

14 GUARANTEES.—Notwithstanding subsection (c), any loans 

15 made or local currency guarantees issued pursuant to the 

16 pilot program under subsection (a) before the date that 

17 is 5 years after the date of the enactment of this Act shall 

18 remain valid on and after that date. 

19 SEC. 206. EXTENSION OF MAXIMUM TERM OF OBLIGATION 

20 FOR RENEWABLE ENERGY PROJECTS IN SUB21 SAHARAN AFRICA. 

22 Section 237(e) of the Foreign Assistance Act of 1961 

23 (22 U.S.C. 2197(e)) is amended to read as follows: 

24 ‘‘(e) MAXIMUM TERM OF OBLIGATION.— 


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1 ‘‘(1) IN GENERAL.—Except as provided in para2 graph (2), no insurance, guaranty, or reinsurance of 

3 any equity investment shall extend beyond 20 years 

4 after the date of issuance. 

5 ‘‘(2) EXTENDED TERM OF OBLIGATION FOR

6 CERTAIN PROJECTS.—An insurance, guaranty, or re7 insurance of an equity investment in a renewable en8 ergy project in sub-Saharan Africa may extend up to 

9 30 years after the date of issuance.’’. 

10 SEC. 207. INSPECTOR GENERAL. 

11 (a) IN GENERAL.—Section 8G(a) of the Inspector 

12 General Act of 1978 (5 U.S.C. App.) is amended— 

13 (1) in paragraph (2), by inserting ‘‘the Over14 seas Private Investment Corporation,’’ after ‘‘the 

15 National Science Foundation,’’; and 

16 (2) in paragraph (4)— 

17 (A) in subparagraph (G), by striking ‘‘; 

18 and’’ and inserting a semicolon; 

19 (B) in subparagraph (H), by inserting 

20 ‘‘and’’ after the semicolon; and 

21 (C) by adding at the end the following: 

22 ‘‘(I) with respect to the Overseas Private 

23 Investment Corporation, such term means the 

24 Board of Directors of the Overseas Private In25 vestment Corporation (established under section 


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1 233(b) of the Foreign Assistance Act of 1961 

2 (22 U.S.C. 2193(b));’’. 

3 (b) CONFORMING AMENDMENT.—Section 239 of the 

4 Foreign Assistance Act of 1961 (22 U.S.C. 2199) is 

5 amended by striking subsection (e). 

6 SEC. 208. ASSESSMENT OF CUSTOMER SATISFACTION. 

7 Section 239 of the Foreign Assistance Act of 1961 

8 (22 U.S.C. 2199) is amended by adding at the end the 

9 following: 

10 ‘‘(l) ASSESSMENT OF CUSTOMER SATISFACTION.— 

11 ‘‘(1) IN GENERAL.—Each fiscal year, the Cor12 poration shall conduct a survey of a sample of its 

13 customers to assess the satisfaction of those cus14 tomers with the operation and procedures of the 

15 Corporation, with particular attention to customers 

16 of the Corporation that are small businesses and co17 operatives. 

18 ‘‘(2) REPORT TO CONGRESS.—The Corporation 

19 shall include in its annual report required under sec20 tion 240A a report on the survey conducted under 

21 paragraph (1) that includes, as appropriate, sum22 maries of recommendations made by customers of 

23 the Corporation with respect to ways to improve the 

24 operations and procedures of the Corporation.’’. 


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1 SEC. 209. SCHEDULE B HIRING AUTHORITY. 

2 In carrying out the purposes of this Act and its re3 sponsibilities under this Act, the Overseas Private Invest4 ment Corporation may, in addition to other authorities 

5 available, employ not more than 20 individuals, on a lim6 ited-appointment basis, pursuant to schedule B of subpart 

7 C of part 213 of title 5, Code of Federal Regulations, for 

8 the purpose of furthering specific efforts in sub-Saharan 

9 Africa with respect to power production and generation 

10 and distribution, including off-grid efforts. 

11 SEC. 210. SENSE OF CONGRESS ON FUNDING. 

12 It is the sense of Congress that appropriations for 

13 the administrative expenses and activities under section 

14 234(g)(5) of the Foreign Assistance of 1961 (22 U.S.C. 

15 2194(g)(5)) of the Corporation in each of the fiscal years 

16 2015 through 2019 should be adjusted to reflect the re17 sources needed to carry out the purposes of this Act, in18 cluding enabling the Corporation to hire personnel and to 

19 upgrade systems infrastructure, as appropriate, to imple20 ment the purposes of this Act. 

21 SEC. 211. REPORT ON EQUITY AUTHORITY. 

22 Not later than one year after the date of the enact23 ment of this Act, the Inspector General of the Overseas 

24 Private Investment Corporation (appointed pursuant to 

25 the amendments made by section 207) shall submit to 

26 Congress a report on the authorities of the Corporation 


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1 to effectively meet its statutory objectives, including as 

2 modified by this Act, that includes an assessment of the 

3 following: 

4 (1) The effectiveness of the existing authorities 

5 of the Corporation in promoting investment in en6 ergy and infrastructure projects. 

7 (2) The effect granting the Corporation the au8 thority to directly invest in projects would have on— 

9 (A) the ability of the Corporation to sup10 port development projects, including infrastruc11 ture and energy projects, that advance the for12 eign policy goals of the United States; 

13 (B) the risk profile of the Corporation; 

14 (C) the budget of the Corporation; 

15 (D) the success rate of projects, measured 

16 in terms of capacity to meet development goals 

17 and financial targets; 

18 (E) sectors or regions in which equity in19 vestment would be particularly beneficial or 

20 harmful to furthering the mission of the Cor21 poration; and 

22 (F) the capability of the Corporation to 

23 meet its statutory objectives, including as modi24 fied by this Act, including whether granting 

25 such authority would limit the effectiveness of 


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1 the Corporation in meeting its goals with re2 spect to stimulating United States private sec3 tor investment in such projects, including in4 vestment by small- and medium-sized enter5 prises. 

6 (3) The effect of any other financing instru7 ments that may be better suited to energy or infra8 structure projects. 

9 (4) The competitiveness of financing provided 

10 by the Corporation relative to financing provided by 

11 development finance institutions of other major 

12 economies. 

Amend the title so as to read: ‘‘A bill to establish 

a comprehensive United States Government policy to encourage the efforts of countries in sub-Saharan Africa to 

improve access to and the affordability, reliability, and 

sustainability of power, and for other purposes.’’. 


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Calendar No. 489 

113TH CONGRESS 

2D SESSION S. 2508 

[Report No. 113–219] 

A BILL 

To establish a comprehensive United States Govother purposes. reliability, and sustainability of power, and for Africa to improve access to and the affordability, ernment policy to assist countries in sub-Saharan 

JULY 24, 2014 

Reported with amendments and an amendment to the 

title 


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