Obama to Announce Plan to Boost Africans’ Electricity Access
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President Barack Obama plans to announce an initiative to enhance access to electricity across Africa by tapping the continent’s vast energy resources and attracting international investment.
U.S. administration officials said the $7 billion venture, dubbed Power Africa, will complement an additional $9 billion in private funds to double access to power in sub-Saharan Africa, where more than two-thirds of the population is without electricity, according to the White House. Obama will unveil the program today in a speech at the University of Cape Town.