Chinese Lending at 13-Year Low; US Pledges Africa Investment

Recent visits to Africa by U.S. Ambassador to the U.N. Linda Thomas-Greenfield and U.S. Treasury Secretary Janet Yellen came as a new study found China's overseas investments in the COVID-19 era are at a 13-year low. China has invested heavily in Africa through its Belt and Road Initiative and the U.S. has also recently pledged investments, with analysts saying Washington is trying to compete with China for influence on the continent. The report by Boston University's Global Development Policy...