Africa Update - August 2014 #2

In This Issue:

- Leading the News

- United States – Africa Relations

- North Africa

- East Africa

- West Africa

- Sub-Saharan Africa

- General Africa News

- Excerpt from Leading the News:

U.S.-Africa Leaders Summit -

On August 5th, as part of the U.S.-Africa Leaders Summit, the World Bank Group committed $5 billion in new technical and financial support for energy projects in the six, phase I countries of President Barack Obama’s Power Africa initiative, including Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania. In announcing the new funding, World Bank President Jim Yong Kim said the new financial commitment was urgently needed to generate more electricity in Africa, where 600 million people lake access to electricity despite the continent’s wealth of hydropower, geothermal, wind, and solar resources.

Please see full issue below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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