Sure. Maybe Mr. Roberts will have something to add on this energy question.
I'm glad to hear you raise it, because that's one of the recommendations we have in the document that we shared here.
When there are surveys of businesses on the continent that ask what the biggest barriers are to actually creating businesses and creating jobs, two things always come out on top. One is the cost of capital, which Ndidi was mentioning. It's the fact that it's too expensive to borrow money to invest on the continent because of, often, unfair credit ratings and so forth. The second is a lack of access to reliable electricity. These are the two things that consistently come out on top. That's why there's a very significant movement or initiative going back to the question of energy and electricity access on the continent.
I don't know if you've heard about mission 300. It is the World Bank and African Development Bank initiative to provide electricity to 300 million people on the continent. On the continent, there are still 600 million people who don't have access to electricity. That's a very promising initiative.
I'm very much hoping this is something Canada can support. Canada can support that through its contribution to the African Development Fund with the replenishment next week. Also, there is potential for actual bilateral, Canada-Africa partnerships around electricity and energy access, because we do have the expertise across many different types of energy.
I was pleased to see this mentioned during the Prime Minister's trip to South Africa for the G20. That's promising, but there is more. Is that where we could have more forward-looking, mutually beneficial bilateral partnerships between Canada and African countries? I think energy and electricity access has tremendous potential.
