Trump administration plans nearly $100 million Africell loan, The Straits Times reports, citing Reuters
The Straits Times, citing Reuters, says the financing aims to counter Huawei’s expansion in Africa. It describes Africell as Africa’s only American-owned telecoms firm.
TLDR
The Trump administration will lend nearly $100 million to Africell to counter Huawei’s expansion in Africa, The Straits Times reports, citing Reuters. The report cites a person familiar with the matter and a draft press release reviewed by Reuters as the basis for the planned financing.
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