12/02/2024 | Press release | Distributed by Public on 12/02/2024 15:00
Arlington, VA - U.S. Trade and Development Agency Director Enoh T. Ebong will join President Joe Biden in Angola on December 2-3 and lead the accompanying VIP delegation of senior U.S. government officials, civil society leaders and Congressional representatives. The visit will underscore the enduring strength and importance of the U.S.-Angola bilateral relationship and reaffirm the U.S. commitment to deepening its partnerships in Africa.
"We look forward to highlighting the work the Administration has done to implement the U.S. Strategy Toward Sub-Saharan Africa and how we are delivering on the commitments made at the U.S.-Africa Leaders Summit in December 2022," said Director Ebong. "This includes concrete action across the U.S. government to develop the Lobito Trans-Africa Corridor, for which Angola provides a gateway to global markets."
While in Angola, Director Ebong will highlight the Agency's work to help mobilize private sector capital to advance the development of the Corridor, a priority under the G7+ Partnership for Global Infrastructure and Investment. In support of Angola and other countries in the region, USTDA has funded a total of 12 activities to help unlock several billion dollars in financing and deploy innovative U.S. technologies for the development of transportation, digital and energy infrastructure projects along the Corridor. Among these projects is a USTDA-funded technical assistance grant to the Africa Finance Corporation, supporting the development of a 485-mile rail line linking Angola's Port of Lobito with Zambia's Copperbelt region.
USTDA's unique model of assistance brings mutual economic benefit to the United States and its Africa partners by advancing high-quality, sustainable infrastructure in countries like Angola while supporting U.S. jobs through the export of innovative technology from the United States.
Launched in August 2022, the U.S. Strategy Toward Sub-Saharan Africa reframes the region's importance to U.S. national security interests, outlining new approaches to revamp public diplomacy efforts, support sustainable development and resilience, refine and reinvest in U.S. defense tools, strengthen trade and commercial relations, and drive digital transformation.
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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority infrastructure projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.
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