Trade news > Biden revives Trump’s Africa business initiative; eyes future digital project
Biden revives Trump’s Africa business initiative; eyes future digital project
Doyinsola Oladipo, Andrea Shalal | Reuters
The Biden administration on Tuesday will announce a new push to expand business ties between U.S. companies and Africa, with a focus on building needed digital, health and physical infrastructure on the continent, a senior U.S. official said.
U.S. industry executives welcome the interest, but say dollar flows will lag until the Biden administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas.
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