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AFRICA INVESTMENT-Can Obama’s Africa Power plan hold a candle to China?

JOHANNESBURG, July 2 (Reuters) – U.S. President Barack Obama’s $7 billion plan to shine “light where currently there’s darkness” in Africa by doubling access to power on the world’s poorest continent was billed as a highlight of his African tour.

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Japanese fund buys into US electricity

Japan’s Pension Fund Association and three other Japanese groups are buying into Midland Cogeneration Venture, which was bought by Omers last year

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E.ON sells out of Westfalen Weser

E.ON has sold its entire 63% stake in the Westfalen Weser utility to its 36 municipal co-owners for Eu360 million ($469 million).

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