Obama Promises Billions to African Energy Companies

The United States recently announced it was spending nearly $500 million to modernize Ghana’s electrical grid and reform the country’s struggling energy sector, adding to the billions already pledged by President Obama to increase electricity access in sub-Saharan Africa. Obama’s Power Africa program has already pledged $7 billion in government funds and leveraged loans to electrify the continent through 2018. During the White House’s Africa Summit, which drew delegates from more than Read more […]