Biden revives Trump’s Africa business initiative; eyes future digital project
DOYINSOLA OLADIPO and ANDREA SHALAL THE Biden administration has announced a new push to expand business ties between U.S. companies and Africa, with a focus on building needed digital, health and physical infrastructure on the continent, a senior U.S. official said. U.S. industry executives welcome the interest, but say dollar flows will lag until the Biden administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas. Dana Banks, senior director for Africa at the White House National Security Council, will kick off a U.S.-Africa business summit, with a…