The United States of America has announced its plan to invest a whopping $600 million in private investments and infrastructure in Africa, intending to deepen the global alliance towards economic development.
David Greene, Chargé d’Affaires of the U.S. Embassy in Nigeria, made this known during an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.
He noted that the investment is part of President Joe Biden’s administration’s resolve to deepen U.S.-Africa and global ties.
Greene reiterated that every country has the right to choose who it has relations with and what other organizations and multilateral groups it associates with, adding that each state has sovereign rights to do that.
He emphasized that any multilateral gathering should advance the principles of the United Nations Charter concerning territorial integrity and respect for sovereignty.
He further stated that any multilateral group should take seriously the obligation to try and advance the principles and the articulated universal declaration of human rights to improve the functioning of individual states or lead to greater success of any country or multilateral group in meeting the aspirations of its people.
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According to Greene, the U.S. truly believes in multilateralism and global alliances as they help move the world forward in a better direction concerning engagement in Africa.
He pointed out that the BRICS (Brazil, Russia, India, China, and South Africa) are not a factor in that regard, as the U.S. has established strong strategic people-to-people ties across the continent.
He noted that the U.S. is committed to deepening economic engagement, particularly to advance and promote African voices on a global stage.
He added that the U.S. is working with partners to unlock the $200 billion in World Bank and International Monetary Fund resources to address the kind of challenges that we all face.
Greene further revealed that the U.S. is working to unlock the $600 million, which will hopefully be in private investments and infrastructure in the next couple of years, as part of their global partnership for infrastructure investment.
In summary, the United States of America is committed to deepening its alliance with Africa and the rest of the world through strategic investments in private investments and infrastructure.
The U.S. is determined to advance U.S.-Africa ties, U.S.-Nigeria ties, and global ties while promoting African voices on a global stage and unlocking resources to address the challenges faced by countries and multilateral groups.
