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Straits Times, citing Reuters, says Trump administration will lend nearly $100 million to Africell

The Straits Times, citing Reuters, says the loan aims to counter Huawei’s expansion in Africa. It describes Africell as the continent’s only American-owned telecoms firm.

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2 Sources, 20d ago, first seen 20d ago

TLDR

The Trump administration plans to lend nearly $100 million to Africell as it seeks to counter Huawei’s expansion in Africa, The Straits Times reports, citing Reuters. The report is based on a person familiar with the matter and a draft press release reviewed by Reuters.

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2 Sources, first seen 20d ago

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Combined views

38.3K

2 Sources, first seen 20d ago

54 likes9 comments10 saves20 reposts

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2 Sources

@straits_timesTrump administration to lend $100 million to Africell, countering Huawei in Africa https://bit.ly/4ywNbkq
@ReutersThe Trump administration will lend nearly $100 million to Africell, Africa's only American-owned telecoms firm, as it seeks to counter the expansion of China's Huawei in Africa, according to a person familiar with the matter and a draft press release reviewed by Reuters https://reut.rs/4cFsp9X
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    2 Sources

    @straits_timesTrump administration to lend $100 million to Africell, countering Huawei in Africa https://bit.ly/4ywNbkq
    @ReutersThe Trump administration will lend nearly $100 million to Africell, Africa's only American-owned telecoms firm, as it seeks to counter the expansion of China's Huawei in Africa, according to a person familiar with the matter and a draft press release reviewed by Reuters https://reut.rs/4cFsp9X
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