The Morning Call
Washington has set up an agency dedicated to renewed efforts aimed at contributing to the development of the African continent. Created under the ‘Build Act’, the US Senate approved the act with a majority vote of 93 to 6.
Now, this has been described by some analysts as the US response to China’s growing influence in Africa, especially since the act would see the creation of a financial institution- International Development Finance Corporation (IDFC).
So, what does the ‘Build Act’ entail? When does it commence and of what impact would it make? Dante Alighieri Disparte is the founder and CEO of Risk Cooperative based in Washington DC USA.
01:47
African heads of states meet in Nairobi for World Bank summit
Go to video
Burkina Faso Suspends BBC and Voice of America
02:04
2024 New Orleans Jazz and Heritage Festival kicks off
01:13
Arab League deplores US veto denying Palestine full UN membership
01:15
Africa: About 51 million lives saved through immunization programme - WHO
01:01
Israel-Hamas war: Humanitarian aid parachuted into northern Gaza