Sec. 105. Prioritization of assistance for power projects in sub-Saharan Africa by the United States Agency for International Development
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In pursuing the policy goals described in section 102, the Administrator of the United States Agency for International Development should prioritize loan guarantees to local financial institutions in sub-Saharan Africa, as appropriate, to— facilitate the involvement of such institutions in power projects and markets, both on- and off-grid, in sub-Saharan Africa; allow such institutions to partner with other investors to leverage expertise and increase the impact of such loan guarantees for energy access and power production projects in sub-Saharan Africa; allow such institutions to partner with other investors to fund local research, development, and deployment of technology in order to specifically increase access to reliable, affordable, and sustainable power in sub-Saharan Africa; and allow such institutions to fund the development of plans to increase distribution coverage, including off-grid projects and services in rural areas of sub-Saharan Africa.
The Administrator shall prioritize assistance to— support the implementation or development, as appropriate, of national, regional, and local energy and economically sustainable power policy plans in sub-Saharan Africa; expand power access across sub-Saharan Africa, including specifically to the poorest populations and rural and isolated communities; build the capacity of countries in sub-Saharan Africa to monitor and appropriately and transparently regulate the power sector and encourage private investment in power production and distribution; and increase access to reliable, affordable, and sustainable power in sub-Saharan Africa, including the development of plans to increase power access in rural areas.
In providing the loan guarantees and assistance prioritized pursuant to this section, the Administrator shall use clear, accountable, and metric-based targets to measure the effectiveness of such guarantees and assistance in achieving the goals described in section 102. Nothing in this section shall be construed to authorize modifying or limiting the portfolio of the United States Agency for International Development in other developing regions.