President of the United States (US), Joe Biden, said, “African leaders and citizens are seeking more than just aid”, adding, “they seek investment”.
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“African leaders and citizens seek investment” – President Biden. Photo: @POTUS |
The US President made the remark in Angola where he said, “we will install clean energy infrastructure to power hundreds of thousands of homes and expand high-speed Internet for millions.”
According to President Biden: “The Lobito Trans-Africa Corridor represents the right way to invest in partnership with countries and people.
As a part of this project, in Angola, we will install clean energy infrastructure to power hundreds of thousands of homes and expand high-speed Internet for millions.
“The United States understands how we invest in Africa is as important as how much we invest.
We seek a better way: transparent, high-standard, open-access investments that protect workers and the rule of law and the environment.
It can be done and will be done.”
Biden continued: “African leaders and citizens are seeking more than just aid.
They seek investment.
We understand that and that is why we are expanding our relationships across Africa – moving from patrons to partners to help bridge the infrastructure gap.”