The Power Africa Initiative, in which US President Barack Obama’s administration has committed $7 billion, is gaining momentum, as Standard Bank Group, Africa’s largest lender by assets, renewed its own commitment to the multi-stakeholder project. It aims to double access to power in Africa, significantly accelerating investment in the sector…

Africa’s economic prosperity and security took top billing at last week’s first ever US-Africa Leaders Summit in Washington, D.C., which the White House said would build on President Barack’s Obama’s trip to Africa in 2013 and strengthen ties between the US “and one of the world’s most dynamic and fastest…