More than Sh101 billion ($1 billion) in debt and financing commitments from US agencies and private investors is set to be announced on Wednesday for US.
President Barack Obama's signature Africa energy initiative, Power Africa, a top USAID official said.
The latest deals were finalized around a US-Africa business forum on the sidelines of annual UN meetings in New York this week, USAID chief Gayle Smith said in an interview with Reuters. Read more. Source | Business Daily