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President Obama pledged $7 billion in aid Sunday to provide electricity to sub-Saharan Africa, as he warned Africans to be wary of exploitation by other countries, including the U.S.

“I’m calling for America to up our game when it comes to Africa,” Mr. Obama said in a speech at the University of Capetown in South Africa, midway through his weeklong tour of the continent. “We want to unleash the power of entrepreneurship and markets to create opportunity here in Africa.”

Funds from the electricity initiative, dubbed Power Africa, will be distributed over the next five years to six countries: Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania. Mr. Obama said the U.S. wants to help Africa without interfering like colonial powers did in the past.

“You will always find the extended hand of a friend in the United States of America,” he said.

But on his three-nation tour, the president also has been warning Africans not to automatically trust foreign powers offering help, including the U.S.

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