Joe Biden, President of the United States of America, is in Southern Africa, to strengthen US-Angola trade.
U.S. Trade and Development Agency Director Enoh T. Ebong will join President Joe Biden in Angola on December 2-3 and lead the accompanying VIP delegation of senior U.S. government officials, civil society leaders and Congressional representatives.
“We look forward to highlighting the work the Administration has done to implement the U.S. Strategy Toward Sub-Saharan Africa and how we are delivering on the commitments made at the U.S.-Africa Leaders Summit in December 2022. This includes concrete action across the U.S. government to develop the Lobito Trans-Africa Corridor, for which Angola provides a gateway to global markets” said Enoh Ebong.
While in Angola, Ebong will highlight the Agency’s work to help mobilize private sector capital to advance the development of the Corridor, a priority under the G7+ Partnership for Global Infrastructure and Investment.
In support of Angola and other countries in the region, USTDA has funded a total of 12 activities to help unlock several billion dollars in financing and deploy innovative U.S. technologies for the development of transportation, digital and energy infrastructure projects along the Corridor.
Among these projects is a USTDA-funded technical assistance grant to the Africa Finance Corporation, supporting the development of a 485-mile rail line linking Angola’s Port of Lobito with Zambia’s Copperbelt region.
Picture: Supplied