Tuesday, September 26Malawi's top news source

Biden Commits More Support To Africa

President Joe Biden of the United States of America has announced that his government is signing a historic Memorandum of Understanding (MOU) with the new African Continental Free Trade Area Secretariat to continue unlocking new opportunities for trade and investment between America and African countries.

President Biden said the OAU will represent one of the largest free trade areas in the world with 1.3 billion people, and a continent-wide market totaling $3.4 trillion.

He made the commitment at the ongoing US – Africa Leaders Summit underway in the capital Washington DC attended by Malawi President Dr Lazarus Chakwera and 49 other African leaders.

Biden said the MOU is an enormous opportunity for Africa’s future.

He emphasised that his government and Africa will remain committed to implementing the MOU hoping that Africa and the United States will be brought even closer than ever.

“And with the new MOU, we’re doing things correctly: enshrining protection for workers both across Africa and in the United States; looking out for small- and medium-sized entrepreneurs and enterprises to make sure they have a fair shot to compete; lifting opportunity for women-owned businesses, diaspora-owned businesses, and businesses owned by members of historically underserved communities; and supporting and investing in the continent’s vibrant and growing urban economies,” said Biden.

He added: “Together, we want to build a future of opportunity where no one — no one is left behind.”

The US President also indicated that he wants his country to do more investing to facilitate greater regional trade within Africa, including by investing in infrastructure.

Reported by Peter Makawa, MBC Online Services, Washington DC, USA.

Related News
Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Lets Not Forget Why US/British Killed Muammar Gaddafi?

Gaddafi was certainly not killed for humanitarian reasons. He wanted to empower Africa. He had a plan to create a Read more

China’s Investment in Africa Cannot Buy the Silence of a Continent

By Deprose Muchena “Among the general public in Africa, scenes of discrimination from Guangzhou prompted fury on a scale I have Read more

Malawi president under fire for family appointments to cabinet

New 31-member cabinet includes six figures who are related to each other, although not to the president. Malawians have voiced Read more

UK museums must come clean on how they acquired African collections

UK museums continue to obfuscate the plunder of artefacts and human remains that lies at the origin of their vast Read more

UK Prime Minister Boris Johnson accused of corruption

Johnson signed off a WhatsApp message to Lord Brownlow by saying: ‘Ps am on the great exhibition plan.’ Boris Johnson Read more

Corruption experts warn Boris Johnson’s government is worst since WWII

Researchers say failure of integrity at No 10 could have serious long-term consequences for UK Jon Stone Met officer would Read more


In a shocking tale to absorb, ACB boss Martha Chizuma has taken her corruption fight against her bosses, openly going Read more

Muluzi to represent Chakwera at former Zambia leader Rupiah Banda’s funeral

President Lazarus Chakwera has delegated former president and Malawi’s first president in the multiparty democracy Bakili Mluzi to represent him Read more

Honor Decision By President Lazarus Chakwera To Delegate Me

Former President Bakili Muluzi has described as an honor a decision by President Lazarus Chakwera to delegate him to represent Read more

News To Read

Leave a Reply

Your email address will not be published. Required fields are marked *