The United States plans to earmark $55 billion to Africa over the next three years, according to the White House.
The announcement came as the administration of Joe Biden is hosting a two-day meeting with African leaders.
President Joe Biden told African leaders at a business forum on Wednesday that the US is taking genuine interest in Africa’s future, and he announced new trade opportunities and infrastructure commitments, including for clean energy and digital economy.
He stated that the world’s current crises require African leadership, ideas, and innovations, and vowed to build on previous US administrations’ “vital” investments in Africa.
The $55bn funding includes $100m for clean energy projects and $350m for internet access and digital technology.
The U.S. president is facing some criticism for not interacting individually with the visiting African leaders. Administration officials say that Biden, Vice President Kamala Harris, and some Cabinet secretaries will shortly travel to Africa for in-depth conversations.
NEWS 24H /
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Friday, January 24, 2025