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Can all of Africa get access to electricity?

US stocks remain fairly stable after Fed Chair Jerome Powell testifies in Congress, a Ukrainian-made drone hits an oil refinery in Russia and the International Energy Agency says a $25 billion annual investment could lead to universal access to electricity in Africa by the end of the decade.

Mentioned in this podcast:

Jay Powell warns US recession is ‘certainly a possibility’

Drone attack ‘Kamikaze’ hits oil refinery in southern Russia

Africa needs $25 billion a year in investment to boost energy supply, says IEA chief

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The editor of the show is Jess Smith. Additional help from Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The theme song of the show is from Metaphor Music. Topher Forhecz is the executive producer of the FT. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com


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