WASHINGTON, DC - MAY 18: U.S. President Barack Obama addresses the Symposium on Global Agriculture and Food Security May 18, 2012 at the Ronald Reagan Building in Washington, DC. The symposium, hosted by the Chicago Council on Global Affairs, in collaboration with the World Economic Forum, was to discuss new activities to advance global agricultural development, food and nutrition security in Africa. (Photo by Alex Wong/Getty Images)

Today President Barack Obama will unveil a new plan is hopes of boosting trade, spreading democracy, and insuring peace and security on the continent of Africa. Obama believes this strategy will help lift millions out of poverty and stem economic growth. News24 reports:

President Barack Obama will release a comprehensive new US Africa strategy on Thursday, seeking to boost trade, strengthen peace and security and bolster democratic institutions.

The blueprint will notably seek to encourage the “stunning” potential of economic growth to lift millions out of poverty in a continent more often associated with famine, poverty and strife, a senior US official told AFP.

Obama directed staff to sketch a new strategy in a four-month process to focus on the multiple challenges of the continent, which include famine, drought and instability, but also to exploit emerging growth potential.

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