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Business · 1 hour ago

US lends Africell $100 million to counter Huawei in Africa

US lends Africell $100 million to counter Huawei in Africa

The Trump administration plans to provide almost $100 million in loans to Africell, Africa's sole American-owned telecommunications company. The loan aims to boost the use of non-Huawei equipment overseas and is part of a US campaign against Chinese telecoms technology. Africell's CEO, Ziad Dalloul, welcomed working with the Export-Import Bank on secure infrastructure.

Reported by Reuters · How we write briefs

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