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Obama Announcing $7 Billion, 5-Year Electric Power Initiative in Sub-Saharan Africa

Pointing to Africa's crippling lack of electrical power, President Barack Obama is due to announce on Sunday a $7 billion initiative over five years to double access to power in sub-Saharan Africa.

"We see this as the next phase in our development strategy and a real focal point in the president's agenda going forward," deputy national security adviser Ben Rhodes told reporters traveling with the president.

Source: Reuters. Read full article. (link)

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  • Sevo||

    Lemme guess: We'll turn over economic control of the project to Zimbabwe, right?

  • Guillotined||

    Whats another $7 Billion anyways?

  • buybuydandavis||

    Less of a waste of money than usual.

  • ||

    Another five year plan? Pining for the good ol' days of the USSR are we ?

  • Nazdrakke||

    A rash of these lately, right. Like the O is channeling his inner Stalin.

  • SIV||

    Gotta dump those failed green energy schemes somewhere.

  • Anders||

    Someone here is getting a pay-off.

    Probably a major donor to the O Library which should be totally awesome. It'll be built in Chicago, in one part of that town where you're not likely to be gunned down by the locals.

  • BlueBook||

    It's ok, he's just lending the money to a friendly Nigerian finance minister who needs it to unlock his country's accounts. He promises he'll pay Obama back tenfold!