U.S. Treasury Secretary Janet Yellen said she had discussed economic sanctions on Russia over its invasion of Ukraine in every stop on her Africa tour and she was hopeful an agreement on the next Russian oil price cap could be reached soon.
that is aimed at deepening U.S. economic ties with the continent and countering China's long dominance of trade and lending with many African nations.
"We take very seriously the sanctions that we have placed on Russia... And violation of those sanctions by local businesses or by governments, we would respond to it quickly and harshly," Yellen said. Yellen also got a taste of the challenges most South Africans face on a daily basis with crippling power outages that have plagued the country for well over a decade.
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