U.S – Africa Business Summit

Washington wants to foster billions of dollars of investment in Africa, the head of its delegation to a US-Africa business summit that began in Morocco on Wednesday told AFP.Alice Albright, chief executive of US development agency Millennium Challenge Corporation, said Washington “is seeking to catalyze billions of dollars in trade and investment, creating jobs, and building inclusive, sustainable economic growth and prosperity” across Africa. The MCC has invested around $9 billion in 25 countries since 2004. Albright was speaking at the US-Africa Business Summit in Marrakesh, an annual conference organized by private organization Corporate Council on Africa.The meeting will bring together African political and business leaders as well as decision-makers and investors from the US private sector, according to the organizers of the event from Wednesday to Friday. Fighting climate change, the energy transition, food security, health, agriculture, infrastructure, new technologies and the digital divide are among the key issues.
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