UK holds Africa Investment Conference aimed at UK "green" exports

(RunningAfrica, location unknown, 21 January 2022) The UK Government reportedly hosted the second Africa Investment Conference on January 20th, 2022 to boost the nation’s economic cooperation with African countries and also enhance its role as the continent’s chosen investment partner for climate-friendly, green ventures. Anne-Marie Trevelyan, Secretary of State for International Trade, UK, had hosted the one-day virtual event, which focused on unlocking millions of pounds of new investments, particularly for clean energy sectors in the UK as well as across Africa. UK’s export credit agency, UK Export Finance, has significantly increased support for the African market over the last year, going from £600 million ($815 million) in 2018-19 to over £2.3 billion ($3.1 billion) in 2020-21. The Independent of London notes: "The UK is playing host to an African Investment Conference on Thursday, as it scrambles to retain influence on the continent, an investment battle ground for the world’s largest economies."