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US President Barack Obama promised US$7 billion towards providing electricity to some African countries (photo:dpa)

Africa powers ahead with help of foreign investment from BRICS nations

Economic growth and development in sub-Saharan Africa is being held back by a lack of access to electricity. US President Barack Obama has pledged a US$7 billion initiative to tackle this lack of power. But foreign investment and trade from China, India and Brazil - in return for raw materials and natural resources - will power the growth and success in the economi...
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