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  1. Unveiling the energy saving role of banking performance in Sub-Sahara Africa
  2. Unveiling Sub-Saharan Africa by Dr Rose Chinwe Osuji, Paperback | Barnes & Noble®
  3. Unveiling the Energy Saving Role of Banking Performance in Sub-Sahara Africa
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It continues to sell arms and energy in exchange for votes at the United Nations—votes that keep strongmen in power, undermine peace and security, and run counter to the best interests of the African people. In short, the predatory practices pursued by China and Russia stunt economic growth in Africa; threaten the financial independence of African nations; inhibit opportunities for U. Equally concerning at this time, the lack of economic progress in the region has accompanied the proliferation of Radical Islamic Terrorism, and other forms of violent conflict, across Africa.

In recent years, ISIS, al-Qaida, and other terrorists operating in Africa have increased the lethality of their attacks, expanded into new areas, and repeatedly targeted U. In South Sudan, an ongoing civil war has ravaged a young nation, displaced millions, and led to the deaths of hundreds of thousands of people.

The continuing threat from terrorism and other violent conflicts across the region puts American lives at risk, and drains vital American resources. This number represents only a small amount of the total aid that the United States devotes to Africa. Between and , U. Unfortunately, billions upon billions of U.

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They have not prevented other powers, such as China and Russia, from taking advantage of African states to increase their own power and influence. And, they have not led to stable and transparent governance, economic viability, and increasing development across the region. From now on, the United States will not tolerate this longstanding pattern of aid without effect, assistance without accountability, and relief without reform.

Unveiling the energy saving role of banking performance in Sub-Sahara Africa

Our third priority, therefore, is ensuring that all U. Here are some of the specific, bold actions we will take under our new strategy to address the three priority areas I have just highlighted. In addition, we will encourage African leaders to choose high-quality, transparent, inclusive, and sustainable foreign investment projects, including those from the United States. We will leverage our expanded and modernized development tools to support access to financing and provide strong alternatives to external state-directed initiatives. We want African nations to succeed, flourish, and remain independent in fact and not just in theory.

In the coming years and months, we also intend to pursue modern, comprehensive trade agreements on the continent that ensure fair and reciprocal exchange between the United States and the nations of Africa. We will begin these negotiations on a bilateral basis, and focus on creating mutually beneficial partnerships. Our new economic initiatives in Africa will help support American jobs and expand market access for U. We will focus our economic efforts on African governments that act with us as strategic partners, and, which are striving toward improved governance and transparent business practices.

As our partner nations develop economically, they will be better prepared to address a range of security threats, including terrorism and militant violence. Under our new strategy, we will also take several additional steps to help our African friends fight terrorism and strengthen the rule of law. We will assist key African governments in building the capacity of partner forces and security institutions to provide effective and sustainable security and law enforcement services to their citizens.

Our goal is for the nations of the region to take ownership over peace and security in their own neighborhood.

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The G5 Sahel Joint Force is seeking to build regional capability to combat terrorism, transnational organized crime, and human trafficking in the Sahel. We want to see more cooperative regional security organizations like these emerge around the world. As part of our new Africa strategy, the United States will also reevaluate its support for U. We will only back effective and efficient operations, that we will seek to streamline, reconfigure, or terminate missions that are unable to meet their own mandate or facilitate lasting peace.

Our objective is to resolve conflicts, not freeze them in perpetuity. And, we will not provide legitimacy to missions that give large payouts to countries sending poorly-equipped soldiers who provide insufficient protection to vulnerable populations on the ground. The sexual exploitation and abuse by UN peacekeepers of the very populations that they were sent to protect has been, and remains, completely unacceptable.

Continued malfeasance without consequences damages the integrity of the entire U.

Unveiling Sub-Saharan Africa by Dr Rose Chinwe Osuji, Paperback | Barnes & Noble®

If we are truly committed to protecting innocent life in conflict zones, then we must insist on accountable, robust, and effective peacekeeping operations. In April, the United States did just that regarding the decades-old U. We demanded a six month, rather than annual, renewal period for the mission, and we insisted on a stronger, more effective mandate tied to substantive political progress.

Because of our actions, the parties to the conflict and key neighboring countries agreed to meet for the first time since Last week, the U. Envoy hosted these talks in Geneva and the participants agreed to hold additional talks in early next year.

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  • Moving forward, we will also ensure that bilateral U. We want to use American dollars in the most efficient way to protect the interests of the American people. Accordingly, we will make certain that ALL aid to the region—whether for security, humanitarian, or development needs—advances these U. Countries that receive U. The administration will not allow hard-earned taxpayer dollars to fund corrupt autocrats, who use the money to fill their coffers at the expense of their people, or commit gross human rights abuses.

    For example, the United States is now reviewing its assistance to South Sudan to ensure that our aid does not prolong the conflict or facilitate predatory behavior.

    Unveiling the Energy Saving Role of Banking Performance in Sub-Sahara Africa

    We will not provide loans or more American resources to a South Sudanese government led by the same morally bankrupt leaders, who perpetuate the horrific violence and immense human suffering in South Sudan. The administration is also developing a new foreign assistance strategy to improve the effectiveness of American foreign aid worldwide. Today, we need to make adjustments to address the pressing challenge of great power competition, and to correct past mistakes in structuring our funding.

    In developing our strategy, we are revisiting the foundational principles of the Marshall Plan. The Marshall Plan furthered American interests, bypassed the United Nations, and targeted key sectors of foreign economies rather than dissipating aid across hundreds of programs. Our new foreign assistance strategy will ensure that all U. Structural reforms will likely be critical, including practicing fiscal responsibility, promoting fair and reciprocal trade, deregulating economies, and supporting the private sector. For example, the U. Similarly, the U.

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    The private sector will also be involved. Officials said General Electric Co has committed to power generation projects in Tanzania and Ghana, officials added. In keeping with that emphasis, Obama will also announce that he plans to hold a summit of sub-Saharan African leaders in Washington next year. Discover Thomson Reuters.

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    World News. Mark Felsenthal. President Barack Obama participates in a town hall-style meeting with young African leaders at the University of Johannesburg in Soweto, June 29,