Washington: US to woo Africa with billions in new funding deals

WASHINGTON — The US will announce nearly $1bn in business deals, increased funding for peacekeeping and commit billions of dollars to expand food and power programmes in Africa during a summit this week, US and development officials say. President Jacob Zuma will be in the front row at the August 5-6 summit in Washington to which US President Barack Obama invited 50 of Africa’s 53 heads of state or government “in good standing with the US and the African Union (AU)”. This criterion has excluded Eritrea, Sudan and Zimbabwe. US…

Read More