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.

This is a Business Insider Article, for more articles like this, visit africa.businessinsider.com

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

You should avoid boat rides for these 5 reasons

You should avoid boat rides for these 5 reasons

How to save a life by doing CPR during an emergency

How to save a life by doing CPR during an emergency

Avoid these 3 common mistakes when cooking fried rice

Avoid these 3 common mistakes when cooking fried rice

Okin biscuits and 9 other snacks millennials loved as children

Okin biscuits and 9 other snacks millennials loved as children

3 reasons most airplanes are painted white

3 reasons most airplanes are painted white

How 1 woman became first lady of 2 different countries — she married 2 presidents

How 1 woman became first lady of 2 different countries — she married 2 presidents

How parents, teachers can recognise when a child is being bullied

How parents, teachers can recognise when a child is being bullied

It's illegal to publicly celebrate your birthday in this country

It's illegal to publicly celebrate your birthday in this country

Here are Dagrin's 10 best rap verses on the 14th anniversary of his death

Here are Dagrin's 10 best rap verses on the 14th anniversary of his death

ADVERTISEMENT
ADVERTISEMENT