Yellen contrasts US-Africa ties with China, Russia on Senegal tour

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Yellen contrasts US-Africa ties with China, Russia on Senegal tour
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In Senegal, US Treasury Secretary Yellen talks about future of US-Africa ties, citing Covid-19 pandemic and Russia's offensive in Ukraine as major economic headwinds for Africa

"Our engagement is not transactional, it's not for show, and it's not for the short-term," says US Treasury Secretary Janet Yellen in Dakar.

"The United States is all in on Africa, and all in with Africa," she said on Friday during a visit to Senegal, part of a push by President Joe Biden's administration to boost relations with a continent where the United States faces increased competition from other major powers.Yellen, who had attended a US-Africa summit hosted by Biden in Washington last month, said the president, vice president and other cabinet secretaries would travel to African countries this year.

Yellen cited the Covid-19 pandemic and Russia's invasion of Ukraine as major economic headwinds for Africa.

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