(ECNS)--The United States hosted the second U.S.-Africa leaders summit from 13-15 December, which came eight years after the first such event took place under the administration of former U.S. president Barack Obama.
On Wednesday, U.S. President Joe Biden, speaking at the U.S.-Africa Business Forum , announced a new initiative for Africa aimed at helping people across the continent "participate in the digital economy."
Named "the Digital Transformation with Africa," the initiative, according to Biden's speech, would be worth $350 billion. Soon after the event, however, the White House published the official transcript of the president's speech, where $350 billion transformed into $350 million.
The U.S. has been lambasted for not genuinely caring about African development and such a random statement cannot close the growing trust gap with Africa. Africa is not a wrestling ground for major-country rivalry. The U.S. needs to take concrete actions to advance Africa’s development.