The Next 100 Days: Positioning Africa at the forefront of the Biden Administration
The new U.S. administration must double down on – not shy away from – engagements with African energy opportunities by facilitating U.S. private sector investment in natural gas and renewables and eschewing a return to aid-driven diplomacy
CAPE TOWN, South Africa, January 21, 2021/APO Group/
On Wednesday, U.S. President Joe Biden was sworn into office, ushering in a new administration, new foreign policy and a new approach to U.S. trade and investment in Africa.
For its part, the Trump administration had not been short on growing U.S. private sector involvement in Africa, specifically under its trademark initiative, Prosper Africa. Designed to strengthen bilateral trade and investment, the initiative was launched in 2019 and supported by the Better Utilization of Investments Leading to Development (BUILD) Act. Signed by former President Trump in 2018, the BUILD Act consolidated the Overseas
Насловна страна | News & Events | United States and Serbia Sign Agreement Unlocking Financial Possibilities in Serbia
On January 21, Minister of Finance Sinisa Mali and U.S. Ambassador to Serbia Anthony F. Godfrey signed a new Investment Incentive Agreement (IIA) enabling the U.S. International Development Finance Corporation (DFC), America’s development bank, to deploy its full range of financial products in Serbia.
“DFC is pleased to have the IIA between Serbia and the United States in place, solidifying the U.S. commitment to expand the financial tools available for the development of Serbia’s economy, especially its private sector” said Ambassador Godfrey. “We see great potential for DFC to help mobilize investments that create jobs and support development for the people of Serbia,” added John Jovanovic, DFC’s Deputy Vice President and Managing Director for the Western Balkans and Aegean.
Grace Goodrich, Field Editor January 21, 2021
On Wednesday, U.S. President Joe Biden was sworn into office, ushering in a new administration, new foreign policy and a new approach to U.S. trade and investment in Africa.
For its part, the Trump administration had not been short on growing U.S. private sector involvement in Africa, specifically under its trademark initiative, Prosper Africa. Designed to strengthen bilateral trade and investment, the initiative was launched in 2019 and supported by the Better Utilization of Investments Leading to Development (BUILD) Act. Signed by former President Trump in 2018, the BUILD Act consolidated the Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority into the U.S. International Development Finance Corporation (DFC), doubling the limit on investments from $29 billion under OPIC to $60 billion under the DFC.
By Kate Sullivan and Jeff Zeleny, CNN President Joe Biden on Wednesday announced a slate of acting agency heads after taking office without a single one of his Cabinet nominees in place and.
Biden appoints Jagadesan as acting USIDFC head daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.