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US International Development Finance Corp

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Biden Announces 600 Million Investment in African Railway Infrastructure
President Joe Biden has announced $600 million in new financing for a multi-country railway during his visit to Angola, aimed at enhancing U.S. investment in Africa's critical minerals infrastructure and countering Chinese influence. This funding builds on a previous commitment of $553 million for the Lobito Trans-Africa Corridor, which connects the Central African copperbelt to the Angolan coast. The investments will also support agriculture, clean energy, health, and digital access in the region.
Bloomberg.com
US International Development Finance Corp USA AGO Joe Biden
Finance & Economy, News Article
14:42 04.12.2024
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