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Obama Promises Billions To Double Africa's Electricity Access

On Monday evening in Tanzania, President announced a broad sweeping new policy for U.S. engagement in Africa. It's not like PEPFAR or the Millennium Challenge or other sweeping "aid-based" pronouncements of past presidencies. Rather it will be a set of incentives to encourage American businesses to get in the business of making electricity for Africans. Africans have enormous gas deposits and need a reliable source of power.