|President Barack Obama and First Lady Michelle Obama pose with Jacob Zuma, President of the Republic of South Africa, and his wife, Mrs. Zuma. (Photo credit: Wikipedia)|
Obama will announce the plan, which leverages loan guarantees and private-sector finance, during a visit to Cape Town.
The initiative, dubbed "Power Africa", aims to double access to power in sub-Saharan Africa, where more than two-thirds of the population is without electricity. - The Economic Times