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Obama had on Wednesday claimed the US would be a better partner for Africa than China.
Nearly 600 people have been killed by 6.5-magnitude earthquake that struck Ludian County on August 6.
The US will provide additional equipment to African peacekeepers in Somalia and the Central African Republic, the president said.
The government is already working on the list of goods that would be banned.
Obama discussed $33 billion in public and private commitments to help develop the "new Africa that's emerging".
At least 1129 people have been killed and 3442 others wounded in the Ukraine crisis, says new UN figures.
New Delhi has said developed nations were unwilling to engage on the issue of food security.
More than 10,000 recruits, police and volunteers are racing to find survivors of the 6.5-magnitude earthquake.
Even as the US and EU try to isolate Russia, Beijing and other BRICS capitals have been cementing their business ties with Moscow.
An uncertain economic outlook weighed on overall confidence, said the new HSBC report.
