Biden revives Trump s Africa business initiative
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Biden Revives Trump s Africa Business Initiative - New Delhi Times - India Only International Newspaper
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Biden Revives Trump s Africa Business Initiative
Voice of America
28 Jul 2021, 08:05 GMT+10
The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent.
U.S. industry executives welcomed the interest but said dollar flows will lag until the administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas.
Dana Banks, senior director for Africa at the White House National Security Council, told a conference the administration planned to re-imagine and revive Prosper Africa, an initiative launched by former President Donald Trump in 2018, as the centerpiece of U.S. economic and commercial engagement with Africa.