I don't mean to be rude but can't fold my arms and watch some other people enrich themselves with public fund.
Power (electricity) problem in Africa is not as a result of lack of fund but as a result of some people making huge sum of money in power outage. Berth Nnaji ( Former Minister of Power ) dropped a hint while leaving office last year.
Funding is not the problem. Corruption in high places remains the problem and if it's not properly taken care of, the cycle will certainly continue.
There can't be constant power where importation of generator is encouraged and those involved are "political stakeholders"
The news as seen on CNN website:
U.S. President Barack Obama pledged $7 billion Sunday to help combat frequent power blackouts in sub-Saharan Africa.
Funds from the initiative, dubbed Power Africa, will be distributed over the next five years.
"More than two-thirds of the population of sub-Saharan Africa is without electricity, and more than 85% of those living in rural areas lack access," the White House said in a statement.
Obama made the announcement in South Africa, the continent's biggest economy, during part of his three-nation trip that started in Senegal and will end in Tanzania this week.
The trip aims to bolster U.S. investment opportunities, address development issues such as food security and health, and promote democracy.
It comes as China aggressively engages the continent, pouring billions of dollars into it and replacing the United States as Africa's largest trading partner.
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