Black Section SeparatorWith dozens of African leaders descending on Washington this week, the Biden administration is offering a not-so-subtle pitch in its economic competition wit
Black Section SeparatorAhead of Tuesday’s start of the U.S.-Africa Leaders Summit, Don Graves acknowledged that the US.
Black Section SeparatorThe country of U.S. The heads of state from 49 African nations and the African Union have been invited to take part in the summit, which has been billed as a
Black Section SeparatorGraves said at an event that investors and companies are having to catch up.
Black Section SeparatorChina has surged ahead of the U.S. in direct investment in Africa.
Black Section SeparatorThe continent is crucial to global powers because of its rapidly growing population, significant natural resources, and a sizable voting bloc in the UN.
Black Section SeparatorThe U.S. is important to Africa. The Biden administration sees the United States as its most significant economic and military adversary.
Black Section SeparatorBefore the summit began, the White House announced that Biden supported the African Union becoming a permanent member of the Group of 20 nations and that it
Black Section SeparatorJake Sullivan, the White House national security adviser, said on Monday that the administration will commit to spending $55 billion in Africa over the next
Black Section SeparatorBeijing’s shadow over the biggest international gathering in Washington since the start of the Pandemic looms large, even though the administration has tri
Black Section SeparatorThe deputy treasury secretary sounded the alarm about petering private investment in middle- and low-income countries on Monday without mentioning China.
Black Section SeparatorAdeyemo said the infrastructure finance gap, or money needed for essential projects like lighting homes and businesses, is $68 billion to $108 billion each y
Black Section SeparatorThere is trade between the U.S. and Australia. Foreign direct investment into the region fell by 5.3% in the year after. Last year, trade between Africa and
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