Biden eyes up Africa as new trade market, reboots Trump-era initiative

September 2, 2021 Global Trade Review 0 Comments

The Joe Biden administration has announced plans to revamp the Trump-era Prosper Africa initiative, as it works to “substantially increase” two-way trade and investment between the US and Africa.

With a focus on infrastructure, clean energy and healthcare, the White House said in recent weeks that it would kickstart a new Prosper Africa Build Together Campaign, having also requested US$80mn from Congress in additional funding resources. Read More.

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