3.0.0 1933 2023-01-11T13:29:59Z 2023-01-11T13:29:59Z Senate S 2015-08-04 114 ssfr00 Foreign Relations Committee Senate Standing Referred to 2015-08-04T22:00:12Z Electrify Africa Act of 2015 114 2847 HR 2015-06-23 Referred to the House Committee on Foreign Affairs. Related bill CRS Electrify Africa Act of 2015 114 2152 S 2016-02-08 Became Public Law No: 114-121. Related bill CRS 2015-08-04 ssfr00 Foreign Relations Committee Senate Read twice and referred to the Committee on Foreign Relations. IntroReferral 2015-08-04 Introduced in Senate IntroReferral 10000 9 Library of Congress C001071 Sen. Corker, Bob [R-TN] Bob Corker R TN N C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2015-08-04 True G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2015-08-04 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2015-08-04 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2015-08-04 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2015-08-04 True C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2015-08-04 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2015-08-04 True G000562 Sen. Gardner, Cory [R-CO] Cory Gardner R CO 2015-08-04 True S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2015-08-04 True K000360 Sen. Kirk, Mark Steven [R-IL] MARK KIRK R IL STEVEN 2015-08-04 True C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2015-08-04 True A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2015-08-04 True M001169 Sen. Murphy, Christopher [D-CT] Christopher Murphy D CT S. 2015-08-04 True B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2015-08-04 True M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA 2015-08-04 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2015-08-04 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2015-09-10 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2015-09-10 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2015-09-10 False F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2015-09-10 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2015-09-10 False B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2015-09-10 False International Affairs Advisory bodies Africa Alternative and renewable resources Congressional oversight Currency Electric power generation and transmission Executive agency funding and structure Foreign aid and international relief Foreign and international corporations Government information and archives Government lending and loan guarantees Government studies and investigations Infrastructure development Intellectual property International monetary system and foreign exchange International organizations and cooperation Lighting and heating Lighting, heating, cooling Manufacturing Multilateral development programs Overseas Private Investment Corporation (OPIC) Public-private cooperation Small business Tariffs U.S. and foreign investments International Affairs 00 2015-08-04 Introduced in Senate 2015-09-03T14:39:57Z Electrify Africa Act of 2015

This bill directs the President to establish a multiyear strategy to assist countries in sub-Saharan Africa implement national power strategies and develop an appropriate mix of power solutions, including renewable energy, to provide access to reliable, affordable, and sustainable power in order to reduce poverty and drive economic growth.

The President may: (1) establish an interagency working group to coordinate the activities of U.S. government departments and agencies involved in carrying out the strategy, and (2) use U.S. influence to leverage international support to promote the strategy.

The U.S. Agency for International Development, the Trade and Development Agency, the Overseas Private Investment Corporation (OPIC), and the Millennium Challenge Corporation are urged to prioritize efforts and assistance for power projects and markets in sub-Saharan Africa.

The Foreign Assistance Act of 1961 is amended to extend OPIC's issuing authority through September 30, 2018.

OPIC should:

  • simplify the application, approval, and post-approval processes for insurance, financing, investment, or reinsurance for power generation and distribution projects in sub-Saharan Africa for which total OPIC support is less than $20 million;
  • prioritize its loan, guarantee, and insurance programs, and financial commitments in the areas of power generation, distribution, and off-grid power and lighting in sub-Saharan Africa, including through the use of an investment advisory council; and
  • publish in an accessible digital format the amount, type, location, duration, and measurable results of its investments and financings.

OPIC is temporarily authorized to: (1) issue local currency guarantees to African subsidiaries of foreign financial institutions to facilitate eligible investor lending for power projects in sub-Saharan Africa, and (2) make loans to eligible investors for power projects in sub-Saharan Africa for which total OPIC support does not exceed $50 million.

Foreign corporations, partnerships, and other associations that are majority owned by one or more U.S. citizens or corporations, partnerships, or other associations shall be temporarily considered eligible investors for the sole purpose of receiving OPIC assistance for power projects in sub-Saharan Africa.

]]> Electrify Africa Act of 2015 Display Title Electrify Africa Act of 2015 Official Title as Introduced A bill to establish a comprehensive United States Government policy to encourage the efforts of countries in sub-Saharan Africa to develop an appropriate mix of power solutions, including renewable energy, for more broadly distributed electricity access in order to support poverty reduction, promote development outcomes, and drive economic growth, and for other purposes. Introduced in Senate IS Short Titles as Introduced Electrify Africa Act of 2015 Introduced in Senate 2015-08-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1933is/xml/BILLS-114s1933is.xml 2015-08-04 Read twice and referred to the Committee on Foreign Relations. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.