Yellen to tour three African countries

U.S. Treasury Secretary Janet Yellen will visit Senegal, Zambia and South Africa this week to discuss expanding trade, investment and the U.S. commitment to Africa’s economy.

Her visit comes after President Joe Biden promised at a summit of U.S. and African leaders in December that he and members of his cabinet would visit the continent in 2023.

Senior U.S. Treasury Department officials said the purpose of Yellen’s visit is to exchange ideas with African governments, the private sector, entrepreneurs and young people, strengthen U.S.-Africa economic ties and outline new opportunities for trade and investment.

Yellen will begin her tour with a visit to Senegal, where she will visit a business incubator that provides credit and industry technical assistance to young women entrepreneurs in the capital, Dakar.