• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, June 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

U.S. to invest $600m in private investments in Africa

Africa

The Matters Press by The Matters Press
December 4, 2023
Reading Time: 2 mins read
0

Abuja, Dec. 4, 2023: The U.S. says it is set to invest $600 million in private investments and infrastructure in Africa as partnership towards deepening global alliance.

RELATED POSTS

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

David Greene, Chargé d’Affaires of the U.S. Embassy in Nigeria, disclosed on Sunday in Abuja while fielding questions in view of the growing moves by countries to form global alliance towards introduction of new economic trade separate from the western systems.

According to him, every country has right to choose who it has relations with and what other organisations, multilateral groups it associates with, saying each state has sovereign rights to do that.

“We believe that any multilateral gathering should be advancing the clearly articulated principle of the UN chatter with regard to territorial integrity and respect for sovereignty.

“Any multilateral group should take seriously the obligation to try and advance the principles and articulated universal declaration of human rights to improve the functioning of individual state or lead to greater success of any country, any multilateral group, in terms of meeting the aspirations of its people.

“So, the U.S. truly believes in multilateralism and whether Nigeria does not join the BRICS, that is a decision for Nigeria.”

He said the U.S. President, Joe Biden, had at several public functions reiterated his administration’s resolve to deepen its alliance with Africa.

He explained that the U.S. would do more to advance U.S.-Africa ties, U.S.-Nigeria ties and global ties.

Greene further described global alliance as “the ability of countries that want to partner to advance their development and success in line with their aspirations.

“We believe that it is true that alliances and coalitions are international relations that can really help move the world forward in a better direction with regards to our engagement in Africa.

“The BRICS are not a factor in that regard, we have established a strong strategic people-to-people ties across the continent.

“We have strongly been good since then and our commitment to deepen economic engagement are in particular, to advance and promote African voices on a global stage.

“We rallied the G-20 to include the African Union, the most recent G-20 meeting in India; we are working with partners to unlock the $200 billion in World Bank and IMF resources to address the kind of challenges that we all face.

“We are working to unlock the $600 million, hopefully in private investments and infrastructure in the next couple of years, as part of our global partnership for infrastructure global investment,” he said.

Tags: AfricaUS
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
Economy/Technology

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

June 6, 2025
Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
Next Post
Contractor vows to surmount challenges on AKK gas project

Wheat farmers commend FG’s 50% subsidy on inputs

CAC, Pakistani investors on economic diversification

U.S. applauds Nigeria’s efforts at bolstering economy

Recommended Stories

NLNG seeks partnership with NMDPRA to boost domestic gas market

NLNG calls for more investments to ensure reliable LPG supply

October 25, 2022

Nigeria’s GDP rebasing meets global practices, gives accurate state of the economy

January 22, 2025
Poor cattle traceability is affecting export opportunities – Butchers

Kano Agro Project targets 1.8m livestock for vaccination

November 28, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s 3MTT gets boost as EU, World Bank back initiative
  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us