Biden Revives Trump’s Africa Business Initiative; Focus on Energy, Health

Biden Revives Trump’s Africa Business Initiative; Focus on Energy, Health
U.S. President Joe Biden delivers remarks during an event to celebrate the 31st anniversary of the Americans with Disabilities Act (ADA) in the White House Rose Garden in Washington, on July 26, 2021. Evelyn Hockstein/Reuters
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WASHINGTON —The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness, and transportation infrastructure on the continent.

U.S. industry executives welcomed the interest, but said dollar flows will lag until the administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas.