Economics

Obama Expands African Leaders Initiative to Foster Ties

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President Barack Obama said the U.S. is expanding an initiative to develop and train political and economic leaders in Africa.

Obama is expanding a U.S.-based program for young African leaders, and the U.S. Agency for International Development is providing $38 million to create leadership centers in Ghana, Kenya, South Africa and Senegal. It is drawing contributions from companies including Microsoft Corp., Dow Chemical Co. and Intel Corp. to keep the programs going.