Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Country Profile
 Useful Links
 Contact us

Home

US/Africa/InvestmentBack
[Published: Tuesday September 15 2026]

 US ramps up investment in Africa

 
WASHINGTON, 15 Sept. - (ANA) - The Trump administration will lend $100 million to US-owned African telecoms firm Africell as Washington looks to displace Chinese companies as regional competition between the two superpowers heats up. 
 
The company operates in Angola, DR Congo, The Gambia, and Sierra Leone. The Africell deal will help “American and allied suppliers” develop infrastructure to counter China’s Huawei, according to Reuters. 
 
Africell told Semafor the loan would enable it to “continue expanding ambitiously in Angola.”
 
Beijing and Washington are also vying for supremacy in Africa’s mining industry: The US this week announced plans to develop a major critical minerals processing facility in Kenya, which is believed to harbor tens of billions of dollars’ worth of rare earths, an industry over which China has a tight grip. 
 
Kenya is reported to have large, untapped deposits of minerals required to build infrastructure for renewable energy and digital technologies, including copper, graphite, lithium, and nickel. 
 
The agreement is a boost for President William Ruto, who has burnished his ties with Western leaders, and made local processing of resources a key plank in his bid for a second term in next year’s election.   - (ANA) -
 
AB/ANA/15 September 2026 - - 
 
 
 

North South News website

Advertise banner

News icon Trump/Iran War
News icon Israel/West Bank Killing
News icon Gaza/6 UN Staff Killed
News icon Saudi Arabia/Houthis
News icon EPA/Greenhouse gas emissions
News icon UN/Terrorist propaganda
News icon Guadian/NAZA Film
News icon IFAD/Remittances
News icon Houthis/Mid-East War
News icon UAE/Buys China's Coffee

AFRICAN PRESS AGENCY Copyright © 2005 - 2007