US Treasury Secretary Janet Yellen gave an exclusive interview to National Public Radio ‘NPR’ and answered questions from US journalist Michel McQueen Martin that focused on the purpose of her planned African visit.
After the US-Africa Leaders Summit organized by the Biden Administration in Washington, the conclusions of this summit are beginning to take shape. Indeed, Janet Yallen plans to visit three African countries next week: Senegal, Zambia, and South Africa.
In a world facing several challenges related to food security, the energy crisis, and inflation, this trip attempts to mitigate the influence of Russia and China in Africa by building relationships with African countries that are experiencing economic growth.
Responding to a question about the purpose of the trip, which is not the first of its kind, Yellen said the US aims to deepen economic ties and expand trade and investment with Africa, adding that Africa is seen as an accelerator of global growth in the coming years. US investment will create jobs for the African people and US companies will find new markets and customers in Africa.