Barack and Michelle Obama have signed a deal to publish their memoirs with New York-based Penguin Random House, in a coveted contract reportedly worth tens of millions of dollars.

America’s first African American president is already the author of two memoirs and a children’s book.

He has frequently declared himself to have a “writer’s sensibility” and has said he does not want to write a conventional blow-by-blow account of his time in the White House.

Michelle Obama’s memoir is likely to be just as eagerly anticipated.

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