That said, economic progress under the Obama administration is undeniable, especially in the more stable parts of the continent such as Kenya. Two prominent initiatives of the administration anchored on private sector investment, giving them resilience post the Obama Presidency. They also define the Obama Africa legacy as the first post-aid president.
One, Power Africa is the most prominent initiative by the administration in partnership with the private sector. It is designed to increase electricity generation capacity by 30,000 megawatts and targets 60 million households and businesses. Power Africa brings together the world’s top companies, political leaders and financial institutions to help overcome Africa’s energy crisis. Its aim is to use collective problem solving to enable African leaders to pave their own future.
Two, the Young African Leaders Initiative aims to create the next generation of African leaders. It targets the leadership development of young people aged 25-35 through training, mentorship and networking. The gist of the initiative is for the young African people with the same goals and the same struggles, the same dynamic problems to find solutions across the continent. As we bid President Obama farewell, his Africa legacy is heralding a post-aid Africa by broadening engagement with Africa beyond the frames of security and humanitarian relief.
Karen Kandie is a financial and risk
consultant with First Trident
Source-The Star, Kenya
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Obama's post-aid legacy for Africa
Tomorrow marks the end of an era as the term of US President Barack Obama ends. His election eight years ago as the first African-American president of the world superpower was greeted with messianic hope across Africa. This optimism was neither far-