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First-hand Account Of American Businesswoman At US-Africa Leaders’ Summit

December 17, 2022
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First-hand Account Of American Businesswoman At US-Africa Leaders’ Summit
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By Kestér Kenn Klomegâh

President Joe Biden has told 49 African leaders and heads of the African Union who assembled in Washington for the second US-Africa Leaders Summit that the United States is raising its relations and renewing a resonating commitment towards improving developments on the continent.

In his speech, Biden referred to the fact that the United States is a reliable partner and offered $55 billion in commitment for investments over the next three years and more than $15 billion for private trade and investment partnerships.

Biden said a new agreement with the African Continental Free Trade Area would give American companies access to 1.3 billion people and a market valued at $3.4 trillion. He listed companies that had made deals at the summit, including General Electric Co and Cisco Systems Inc.

Biden hailed projects from American companies, including…

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