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The Trump administration countered Chinese investment in African tech Will Biden continue?

Alexander O. Onukwue 20th January 2021 Share this article but may need one holdover to influence Africa. In January 2020, Nigerian healthcare startup LifeBank became the first company to receive investment under a new maternal care initiative introduced by the US International Development Finance Corporation (DFC). LifeBank’s 24/7 blood supply business met three criteria for a DFC-funded company; it is a revenue-generating enterprise filling a emerging market. Using these investment criteria, the DFC has gone on to invest in multiple sectors across Africa. In addition to LifeBank, DFC’s Africa portfolio includes Twiga Foods, Copia (both Kenyan startups), and investments in Angola, Botswana, Chad, Egypt, Gabon, Morocco, Mozambique, Namibia, Senegal, South Africa, and Uganda.

It s his land Now a Canadian company gets to take it

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