IFC sees 'huge' potential to boost investment in Africa

The World Bank's private investment arm sees huge potential to boost investment in Africa and help support entrepreneurship and digital transformation on the continent, top officials with the International Finance Corp (IFC) said. US President Joe Biden this week hosted a three-day summit attended by 45 African national leaders that was aimed at bolstering trade ties between the United States and Africa after years of inroads by rival China.

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