The United States plans to commit $55 billion to Africa over the next three years, White House national security adviser Jake Sullivan told reporters on Monday.
The money will go to "a wide range of sectors to tackle the core challenges of our time," and is being distributed in close partnership with Congress,Here is what the White House has said so far about where the $55 billion will go:The Biden-Harris administration has invested and committed to provide nearly $20 billion in health programs in the Africa region, the White House said on Tuesday.
That includes $11.5 billion to address HIV/AIDS; more than $2 billion to combat malaria; more than $2 billion in support of family planning and reproductive health as well as maternal and child health; and more than $2 billion to address the health, humanitarian, and economic impacts of COVID-19. The administration also plans to ask Congress for $4 billion for healthcare workers in Africa, investing $1.33 billion annually from 2022 to 2024.Since January 2021, the administration has invested and plans to provide at least $1.1 billion to support African-led efforts to support conservation, climate adaptation, and energy transitions.
These funds include U.S. International Development Finance Corporation investments into Malawi's Golomoti JCM Solar Corporation, and a Climate Action Infrastructure Facility.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. says to commit $55 bln to Africa ahead of summitThe United States will commit $55 billion to Africa over the next three years as President Joe Biden prepares to host the U.S.-Africa summit this week and discuss 2023 elections and democracy in the continent with a small group of leaders.
Read more »
China rejects Africa 'debt trap' claim ahead of U.S.-Africa summitChina's ambassador to the United States Qin Gang on Monday rejected charges that Beijing had mired African countries in debt during a forum ahead of a U.S.-Africa summit, citing a report that African countries owe three times more debt to Western institutions.
Read more »
Biden gathering with 50 African leaders in first such summit in eight yearsA summit of African leaders is taking place this week in Washington, D.C., where the White House on Monday announced a $55-billion commitment to Africa over the next three years across a range of sectors.
Read more »
United Airlines has big plans for big planes - and for HoustonThe Chicago-based airline said Tuesday it has placed an order for 100 of Boeing’s 787...
Read more »
China casts long shadow over US-Africa Leaders SummitDeputy Commerce Secretary Don Graves on Monday acknowledged that the U.S. has fallen behind as China has surged past American foreign direct investment in Africa.
Read more »
Biden aims to narrow trust gap with US-Africa leaders' summit; amid growing China, Russia influencePresident Joe Biden is set to play host to dozens of African leaders in Washington this week as the White House looks to narrow a gaping trust gap with Africa — one that has grown wider over years of frustration about America’s commitment to the continent.
Read more »