US Treasury Secretary Janet Yellen will kick off a year of visits by top US officials to Africa on Friday with a firm pledge of partnership and investment, eyeing the massive economic opportunities created by Africa’s demographic boom.
In a speech to be delivered at a business event in Dakar on Friday, Yellen maps out a vision for strengthening US-African ties after decades in which America’s strategic rival China dominated lending and investment across the continent.
Yellen’s three-country trip – with other stops planned in Zambia and South Africa – comes after a lengthy meeting with Chinese Vice Premier Liu He in Zurich on Tuesday, where both sides underscored the need for greater coordination on global challenges such as climate change and food security.
US officials insist increased engagement by President Joe Biden and US officials aims to deepen existing ties with Africa, but they are also pitching what they say is a more
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
