US, African Union Launch Strategic Investment Working Group
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The United States and African Union have launched a Strategic Infrastructure and Investment Working Group to enhance U.S.-Africa economic partnerships. This initiative aims to create jobs and promote economic security in both regions. The agreement was signed by U.S. Deputy Secretary of State Christopher Landau and AUC Chairperson Mahmoud Ali Youssouf in Addis Ababa. The group will focus on U.S. private sector investments in AU-backed infrastructure projects, facilitating trade, digital transformation, and improving health security, ultimately fostering a stronger economic relationship between the U.S. and Africa.
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