President Barack Obama announced Sunday a 7-billion-dollar US government investment in power networks in Africa as well as plans to invite African leaders to a summit next year to launch a "new chapter" in relations.
Before more than 1,000 students at the University of Cape Town, Obama lamented that about two-thirds of Africans lack regular electricity. He said power was a key element of generating growth that lifted people out of poverty.
The president,...read more here: Africa Power

