Obama: 'Africa is on the move'

President Obama encouraged entrepreneurs gathered in Kenya on Saturday to start projects that stimulate Africa's economy, The Washington Post reports.

"Africa is on the move," he said at the Global Entrepreneurship Summit. Entrepreneurship is "the spark of prosperity. It helps people stand up for their rights and push back against corruption."

Obama announced several lending initiatives geared especially toward women and young people. He is the first sitting president to visit Kenya, his father's home country.

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