Mr. Tony Elumelu, stated recently that providing access to electricity for schools, hospitals, businesses and industries is the single most impactful intervention that can be made to transform the African continent and improve its overall economic development, ThisDay reports.
Elumelu, who is also the Chairman of Heirs Holdings and the Founder of the Tony Elumelu Foundation, said this in Abidjan, when African leaders, under the umbrella of the African Energy Leaders Group (AELG) gathered.
The AELG was launched during the 2015 World Economic Forum in Davos, Switzerland. The group brings together political and business leaders at the highest level to drive the reforms and investment needed to end energy poverty and to ensure sustainable fuel supplies on the continent.
Elumelu pledged to support the work of AELG, saying “I am making a pledge to provide $150,000 over the next three years to support the operations of the AELG secretariat.” “I want to call on the governments of the member states of the ECOWAS region, and AELG members and partners to also step up with significant multi-year commitments to sustain the organisation.” he added.