President Obama has announced a new aid intiative for Africa, according to the Los Angeles Times:
President Obama on Sunday will unveil a new initiative to expand access to electricity in sub-Saharan Africa, in a speech that will point to Nelson Mandela's work as evidence of the potential for rapid transformation on the continent.
Obama's initiative, dubbed Power Africa, will attempt to double the number of people with access to electricity in sub-Saharan Africa, White House officials said. The president will announce an initial commitment of $7 billion over five years, federal money that will add to private investment and partnerships in six African countries. The first phase will aim to expand access to 20 million households and businesses, officials said.