On Sunday, U.S President Barack Obama,
who is currently touring Africa on a state visit, pledged $7 billion to
support the building of reliable electric power grids in sub-Saharan
Africa.
As Forbes contributor William Pentland correctly pointed out,
two-thirds of Africa’s 1 billion population lack access to a stable
supply of electricity. Obama’s plan, called “Power Africa,” entails
investing American funds to change that, initially focusing on key
markets such as Nigeria, Tanzania, Kenya, Uganda and Liberia.
On hearing the announcement, American billionaire real estate mogul Donald Trump
took to Twitter and tweeted – “Every penny of the $7 billion going to
Africa as per Obama will be stolen – corruption is rampant!” Prior to
that, Trump had tweeted that Obama’s trip to Africa was a total waste of
taxpayer’s money.
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See The Tweet After The Break.