U.S.-Africa summit garners over $17 billion in investment pledges


  • World
  • Wednesday, 06 Aug 2014

WASHINGTON (Reuters) - African leaders on Tuesday called for a deeper economic relationship with the United States, hailing investment pledges totalling more than $17 billion (£10.07 billion) at a Washington summit as a fresh step in the right direction.

U.S. and African companies and the World Bank pledged new investment in construction, energy and information technology projects in Africa at the U.S.-Africa Business Forum, including several joint ventures between U.S. and African partners.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Ukrainian attack kills three, sparks fire at oil depot in Luhansk, Russia-installed governor says
Peruvian president's brother arrested in Rolex scandal probe
Ethiopia launches construction of Chinese-contracted economic zone
Billionaire quant investing pioneer and philanthropist James Simons dies at 86
Crude futures settle lower
U.S. dollar ticks up
Number of active drilling rigs in U.S. down this week
Death toll from south Brazil storms rises to 116
Brazilian athletes drop Olympic dreams to help flood victims
U.S. issues severe geomagnetic storm watch

Others Also Read