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Obama Announces More Corporate Investments In Africa   
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President Obama announced Tuesday that private companies are providing an additional $12 billion in aid to the administration’s electrification program for Africa, while U.S. firms will invest more than $14 billion on the continent in sectors including banking, construction and information technology.

The new pledges — which came during a day-long program at the U.S.-Africa Leaders Summit focused on business opportunities, trade and development — reflect some of the most concrete outcomes of this week’s gathering of nearly 50 African heads of state and government in the District.

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Source: Washingtonpost.com

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