ADVERTISEMENT

U.S. Vice-President Kamala Harris sets her sights on investment opportunities in Africa

Kamala-Harris-and-Akufo-Addo
  • US Vice-President Kamala Harris has noted that she aims to increase investment opportunities in Africa, shortly after arriving in Ghana.
  • This is in response to China and Russia’s growing influence in Africa.
  • The U.S. has already pledged $55 billion to the continent over the following three years.

In preparation for her week-long trip to Africa aimed at countering China's influence, US Vice President Kamala Harris announced on Sunday that the United States will increase investment in Africa and assist in economic growth.

ADVERTISEMENT

China has made significant investments in Africa in recent years, primarily in infrastructure and natural resources development, while Russian influence has increased due to the deployment of Russian military personnel by the private military contractor Wagner Group to support governments in several nations.

"On this trip, I intend to do work that is focused on increasing investments here on the continent and facilitating economic growth and opportunity," Harris made this statement shortly after landing in Ghana, the first stop of a journey that would also take her to Tanzania and Zambia.

In order to provide a rival power with a viable option, the Biden administration has worked to deepen ties with Africa. Prior to a U.S.-Africa meeting, the U.S. pledged $55 billion to the continent over the following three years in December. On a visit to Niger this month, Secretary of State Antony Blinken pledged $150 million in fresh humanitarian aid for Africa's Sahel area.

ADVERTISEMENT

Senior U.S. sources noted that Harris will also touch on China's role in debt restructuring, as well as China's involvement in technological and economic concerns in Africa that the United States finds troubling.

This week, Harris is slated to meet with Ghanaian President Nana Akufo-Addo and subsequently visit a former slave fortress where captives were transported to America during the slave trade era.

Harris will also visit Tanzania from March 29 to 31 after her trip to Ghana which is scheduled from March 26 to 29. She would cap her visit to Africa off with her final stop at Zambia which will last from March 31 to April 1. She intends to announce both public and private sector initiatives during her meeting with the presidents of the three nations.

JOIN OUR PULSE COMMUNITY!

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulse.ug

Recommended Articles

Rwanda confirms impending sale of Rwandair to Qatar Airways

Rwanda confirms impending sale of Rwandair to Qatar Airways

10 most expensive African cities for international workers in 2024

10 most expensive African cities for international workers in 2024

URA to formalise relationship with clearing agents

URA to formalise relationship with clearing agents

Museveni stresses competitiveness, affordable electricity for Uganda's growth

Museveni stresses competitiveness, affordable electricity for Uganda's growth

Next Media's Hillcom East Africa makes a mark at CABSAT 2024 in Dubai

Next Media's Hillcom East Africa makes a mark at CABSAT 2024 in Dubai

Uganda achieves Shs208 billion trade surplus with DRC

Uganda achieves Shs208 billion trade surplus with DRC

UTB leverages missions abroad to boost tourism growth

UTB leverages missions abroad to boost tourism growth

Contrasting Gambling Markets: New Zealand vs. Uganda

Contrasting Gambling Markets: New Zealand vs. Uganda

Most punctual African airlines

Most punctual African airlines

ADVERTISEMENT