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More than Sh101 billion in Power Africa commitments finalised

Published on September 22, 2016

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