What climate talks in Paris will mean: The Economist explains…

In December 2009, during climate talks held under the UN Framework Convention of Climate Change (UNFCCC) in Copenhagen, negotiators failed to forge an international agreement. Hopes had been high: Barack Obama’s election meant many expected America to power negotiations. Instead, alongside Brazil, South Africa, India and China, America reached a non-binding deal on the side. Advertisements

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Africa Oil & Gas: Nigeria’s President promiss recovery of stolen oil money

Nigerian President Muhammadu Buhari has said his government will trace and recover what he called “mind-boggling” sums of money stolen from the oil sector. Buhari, who was inaugurated on May 29 after being elected on promises to fight corruption, made the comments on Tuesday while addressing Nigerians in the United States. His four-day visit included talks with President Barack Obama, as reported by Reuters news agency.

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Special US-Africa Summit: Obama to announce expansion of electrification in Africa

President Obama announced Tuesday afternoon that private companies and government institutions are providing an additional $12 billion in aid to the administration’s electrification program for Africa, while the federal government is adding $300 million a year to the initiative.

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