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ON THE LINE: Africa's Energy Needsi
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October 25, 2013 3:00 AM
Experts say more than two-thirds of the population in sub-Saharan Africa lives without power. In June, President Barack Obama announced his Power Africa initiative, a plan to spend seven billion dollars over the next five years to dramatically increase access to power in the region. But many critics say the US is lagging behind China which has already invested tens of billions of dollars on power projects on the energy deficient continent. This week’s "On The Line" discusses Africa's energy needs and how it fuels regional and international politics. Guests: Dr. Witney W. Schneidman: Former Deputy Assistant Secretary of State for African Affairs; Senior International Advisor for Africa, Covington & Burling. Binta Terrier: Founder & Executive Director, Partnership League for Africa's Development

ON THE LINE: Africa's Energy Needs

Published October 24, 2013

Experts say more than two-thirds of the population in sub-Saharan Africa lives without power. In June, President Barack Obama announced his Power Africa initiative, a plan to spend seven billion dollars over the next five years to dramatically increase access to power in the region. But many critics say the US is lagging behind China which has already invested tens of billions of dollars on power projects on the energy deficient continent. This week’s "On The Line" discusses Africa's energy needs and how it fuels regional and international politics. Guests: Dr. Witney W. Schneidman: Former Deputy Assistant Secretary of State for African Affairs; Senior International Advisor for Africa, Covington & Burling. Binta Terrier: Founder & Executive Director, Partnership League for Africa's Development

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#BlackMonday
Stock markets have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors. China's central bank devalued the country's currency, the yuan, two weeks ago, raising fresh concerns that a slowdown in the country's economy was worse than originally feared. In addition, oil prices have plunged to six-year lows, amid concerns about waning demand for commodities from China. On this week’s HashtagVOA, Cal Perry and his guests examine the reasons behind the nosedive.

Guests:
Keith Johnson: Senior Reporter, ForeignPolicy.com
Sam Stovall: Chief Equity Strategist, Standard and Poor Capital IQ
Alexis Christoforous:  VOA Business Reporter