[miningmx.com] – POWER and energy have been cited as key areas of development in a two-day summit this week in Washington in which US president Barack Obama’s administration will unveil $1bn in African investments.
“You will see a series of announcements on agriculture and food, and power and energy,” Rajiv Shah, administrator of the US Agency for International Development, told Reuters.
South African president, Jacob Zuma, will be in the front row at the August 5-6 summit to which Obama invited 50 of Africa’s 53 heads of state or government “in good standing with the US and the African Union”. Eritrea, Sudan and Zimbabwe were excluded, said Reuters.
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