President Obama Pledges $7 Billion To Africa, Hopes To End Power Blackouts

President Obama Pledges $7 Billion To Africa, Hopes To End Power Blackouts The Inquisitr "These countries have set ambitious goals in electric power generation, and are making the utility and energy sector reforms to pave the way for investment and growth." President Obama is not simply giving money away, the POTUS is visiting South Africa ... See all stories on this topic »

Obama pledges energy cash to light up Africa's darkness The Independent Mr Obama said his government would provide $7bn (£4.6bn) in public funding, as well as $9bn from the US private sector, for the "power Africa" initiative. He also announced that the US would be inviting African heads of state to a summit in Washington ... See all stories on this topic »

First family touring Mandela's island prison Kansas City Star However, the first round of contributions still fall well short of the $300 billion the International Energy Agency says would be required to achieve universal electricity access in sub-Saharan Africa by 2030. Obama opened his speech with deeply ... See all stories on this topic »

Obama Unveils Initiative to Help Africans Gain Access to Electricity CRIENGLISH.com Speaking at the University of Cape Town, Obama said the 7 billion U. S. dollars initiative will focus on expanding access to electricity in six African countries of Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania. An additional 9 billion dollars ... See all stories on this topic »

ELECTRICITY: Nigeria, 6 others to get Obama's $7bn Nigerian Tribune The White House, shedding light of the $7 billion power fund, said the initiative, dubbed "Power Africa," which has primarily Nigeria, Ethiopia, Kenya, Liberia, Tanzania, Uganda and Mozambique in focus, would be distributed over the next five years. It ... See all stories on this topic »

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