US DFC announces major Africa digital infrastructure investment ahead of Cape Town tech summit

The US Development Finance Corporation unveiled a significant capital commitment to African digital infrastructure on the eve of Africa Tech Festival in Cape Town, intensifying the US-China competition for technological influence on the continent. The move signals a strategic push to counter Chinese-backed connectivity projects, though specific amounts and project details remain undisclosed. This development underscores the growing geopolitical importance of Africa's digital backbone in the broader US-China rivalry.

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