Trump administration loans $100 million to Africell for tech expansion in Africa

In a bid to enhance American technology presence in Africa, the Trump administration provided a $99.6 million loan to Africell, the only U.S.-owned cell phone network operator on the continent. Announced in Cape Town, South Africa, the loan will support Africell's operations in Angola, allowing for investments in American and European technology. This move is part of a broader strategy to counter China's Huawei, which dominates the African telecommunications market.