World Biden admin to unveil new push for US-Africa business ties
Biden battles to win narrative in speech on Afghan exit
President Joe Biden addresses the nation Tuesday on the US exit from Afghanistan after a failed 20-year war that he'd vowed to end -- but whose chaotic last days are now overshadowing his presidency. The Democrat was due to deliver his remarks at 2:45 pm (1845 GMT), the White House announced, marking a delay from the original timing for the speech. White House Press Secretary Jen Psaki said Biden would thank the military for the "dangerous"The Democrat was due to deliver his remarks at 2:45 pm (1845 GMT), the White House announced, marking a delay from the original timing for the speech.
The Biden administration on Tuesday will announce a new push to expand business ties between US companies and Africa, with a focus on building needed digital, health and physical infrastructure on the continent, a senior United States official said.
US industry executives welcome the interest but say dollar flows will lag until the Biden administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas.
How the U.S. Could Slash Climate Pollution by 2030
Democrats will soon reveal how the Biden administration’s plans could cut U.S. climate pollution in half this decade. Is that goal even possible?In April, soon after rejoining the Paris Agreement, he set a goal: The United States would cut its greenhouse-gas pollution by 50 percent from 2005 levels by 2030. The White House promised that “a careful interagency process” had produced that goal, and at least a dozen reports from outside scholars and nonprofits argued that such an ambitious cut could be done. As a candidate, Biden had no shortage of plans for each sector of the economy.
Dana Banks, senior director for Africa at the White House National Security Council, will kick off a US-Africa business summit, with a pledge to “re-imagine” and revive Prosper Africa, an initiative unveiled by the Trump administration in 2018.
President Joe Biden, who requested nearly $80m for the initiative in his budget proposal in May, aims to focus the initiative on women and equity, with an expanded role for small- and medium-sized businesses, she said.
Banks said the administration’s goal was to “reinvigorate Prosper Africa as the centerpiece of US economic and commercial engagement with Africa”, with more details to be released soon on a companion initiative called Digital Africa.
“This is an area that is a priority both at home and abroad,” Banks said, adding that African countries were eager to expand their cooperation with the United States and its companies.
Biden, who promised empathy in 2020, blasted for abandoning Americans overseas
Joe Biden campaigned on empathy but K.T. McFarland blasted him for his "meanness" in callously leaving Americans and Afghanis to the mercy of the Taliban. "Empathy matters. Compassion matters. We have to reach out to one another and heal this country — and that’s what I’ll do as president," Biden promised in February 2020. His campaign to "restore the soul of America" and to "heal this country" leaned heavily on his personal story of loss – the loss of his wife in a car accident and the loss of his eldest son, Beau Biden.
US business executives warn the United States is in danger of being overtaken by China and Europe, which are already investing and concluding trade agreements across the continent.
“We can’t wait another year to devise an Africa policy; we need to be bold in our thinking,” said Scott Eisner, president of the US Chamber of Commerce’s US-Africa Business Center.
Eisner said that many companies had started to eye investments in Kenya given the Trump administration’s talks with Kenya on a bilateral free trade agreement, but that those plans were on ice until the Biden review of that policy was completed.
The US Trade Representative’s office had no immediate comment on the status of the review.
Another hurdle is uncertainty about the administration’s policy on liquefied natural gas (LNG) projects.
Nigeria and other countries are eager to secure US investment in such plans, but are waiting to see whether the administration will back LNG investments even as it seeks to halve US fossil-fuel emissions.
US LNG exports have surged under Biden. Meeting Biden’s goal of halving fossil fuel emissions would require the United States to stop building natural gas power plants and exporting LNG, experts say.
Biden’s policies are energy-neutral, and administration officials have been tight-lipped about any specific plans on LNG investments. The US Development Finance Corporation had no immediate comment on its policy on backing LNG projects.
Jill Biden brings vaccine cheer at clinic visit with Emmitt Smith .
Jill Biden brought on the COVID vaccine cheer on Tuesday when she and football star Emmitt Smith visited a vaccination clinic in Dallas. 'We’re going to get a touch down,' the first lady said as she encouraged Texans to get a shot in the arm. “In the sports sense we’re in the fourth quarter and the game is not finished,” Smith said as he reminded people to get vaccinated.The stop came ahead of Biden and Doug Emhoff pairing up for a vaccine tour of the Southwest, urging people to get shots in the arms in two states with some of the lowest vaccination rates in the nation.