Blinken says U.S. investing in Africa without unsustainable debt


U.S Secretary of State Antony Blinken speaks with members of the civil society at the U.S. Embassy in Abuja, Nigeria November 19, 2021. Andrew Harnik/Pool via REUTERS

Register now for FREE unlimited access to reuters.com

DAKAR, Nov 20 (Reuters) – U.S. Secretary of State Antony Blinken said on Saturday his country was investing in Africa without imposing unsustainable levels of debt, as he witnessed the signing of contracts worth more than $1 billion in Senegal’s capital Dakar.

The deals between four U.S. companies and Senegal are being billed as part of his country’s pitch to help Africa build infrastructure with transparent and sustainable deals. read more

Careful not to directly criticise Chinese infrastructure projects, which have proliferated in the past decade, Blinken said during a visit to Nigeria on Friday that international deals were too often opaque and coercive.

Register now for FREE unlimited access to reuters.com

The United States is investing “without saddling the country with a debt that it cannot handle,” he said during the signing ceremony with Senegal’s Economy Minister Amadou Hott.

The deals will help improve infrastructure, create jobs and reinforce public safety and climate resilience, he added.

Senegal is the final stop on Blinken’s three-country tour of Africa, following visits to Kenya read more and Nigeria, where he has attempted strike a new tone from the era of former President Donald Trump, who disparaged some African nations and barred travel from six of them.

Register now for FREE unlimited access to reuters.com

Reporting by Bate Felix; writing by Hereward Holland; editing by Christina Fincher

Our Standards: The Thomson Reuters Trust Principles.



Read More: Blinken says U.S. investing in Africa without unsustainable debt

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Live News

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.