US Treasury secretary in SA to bolster ties | City Press

Yellen is the first member of President Joe Biden’s Cabinet to embark on a lengthy African trip, after Biden last month announced more than $15 billion in two-way trade and investment deals, saying the US was “all in” on Africa’s future.

The US’s new approach includes promising and delivering significant investment and trade partnerships, not just humanitarian aid and security assistance, say administration officials. Chinese trade with Africa is about four times that of its trade with the US, and Beijing has become an important creditor by offering cheaper loans – often with opaque terms and collateral requirements – than Western lenders. However, some African countries, including Zambia, have soured on Chinese lending and are seeking alternatives, say experts.

Yellen’s time in Zambia will coincide with a visit by IMF managing director Kristalina Georgieva, although the fund’s sources said the trips were not planned at the same time.

Source: News Formal (newsformal.com)

City_Press Somebody tell her to fotsek!!!

City_Press Irritating woman

City_Press Lokl

City_Press Tell her to bring a torch!

City_Press Too late, Africans are now looking east not west anymore

City_Press ANC and EFF are selling us out to China it's to late now.

City_Press We don't need USA in Africa they fund terrorism in this continent they must futseg looks how Ukraine ryt now it's distroyed

City_Press Hopefully she will see the suffering first hand of us by the ANC Mafia !

City_Press Great. She wants to ruin us even further. She is an inflation queen.

City_Press She should stay in America

City_Press Ag nee fok man...not Americans again

City_Press I don't trust her at all.

City_Press 'saying the US was “all in” on Africa’s future' 'All in' as in the colonial Scramble for Africa. This new rush is for minerals lithium, cobalt and silver mined for manufacturing batteries for use in the 'renewable energy'.

City_Press Will she be asked to bring her own generator?

City_Press Tell her to make sure she brings a torch to SA

City_Press Let us work with the USA please

City_Press Janet Yellen, why are you wanting South Africa to work with the CCP. We have enough problems of our own.

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