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The US has sought to build closer relations with Africa in recent years. At the US-Africa Business Forum in December 2022, President Biden announced $15 billion in partnerships and trade and investment commitments, focusing on key priorities such as sustainable energy and digital connectivity. African startups in particular have attracted the attention of US investors, with San Franciscan venture capital firm Partech announcing in February a $300 million fund to fuel the growth of African startups.
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