Obama expected to announce $14B African investment

President Obama is expected to announce a $14B commitment by U.S. companies to invest in construction, clean energy, banking, and information technology projects across Africa.

"These investments will deepen U.S. economic engagement in Africa, fueling growth that will support broader African prosperity and emerging markets for US businesses, which will support jobs in both the United States and Africa," says a White House official.

The announcement will occur at the U.S.-Africa Business Forum today, part of a three-day Africa summit in Washington.


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