Washington: The Trump administration will lend nearly $100 million to Africell, Africa's only American-owned telecoms firm, as it seeks to counter the expansion of China's Huawei in Africa, according to a person familiar with the matter and a draft press release reviewed by Reuters.
The loan from the Export-Import Bank to Africell will "enable Africell to invest in the latest mobile network technology from American and allied suppliers," according to the draft release, which is due to be issued later on Friday.
