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Janet Yellen Pledges to Deepen Africa Ties as U.S. Wards Off Russian, Chinese Influence
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DAKAR, Senegal—Treasury Secretary Janet Yellen pledged further U.S. investment in and trade with Africa as she began a three-country tour of the continent, where the Biden administration is trying to deepen ties in the face of Chinese and Russian influence.
Speaking at an entrepreneurship center for young people and women in Dakar, Ms. Yellen said that a young, rapidly expanding and urbanizing population in Africa could propel economic growth in the coming decades. She said the U.S. would aim to help African officials translate those demographic changes into economic growth—and not societal unrest.
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