U.S. Treasury Secretary Janet Yellen on Saturday helped kick off a new rural electrification project in Senegal that will bring reliable power to 350,000 people, while supporting some 500 jobs in 14 U.S. states.
Yellen traveled to the site of the project, led by Illinois-based engineering firm Weldy Lamont, as part of athat aims to expand U.S.-African ties and address challenges such as climate change, food security and debt.
"Our goal is to further deepen our economic relationship and to invest in expanding energy access in a way that uses renewable resources spread across the continent," she said. Such disparities can hinder opportunity for households and businesses in areas otherwise ripe for economic development, Yellen said. The project includes an important renewable energy element with a solar grid to power 70 villages.
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