TEXAS SENATE RACE HEATS UP AS JAMES TALARICO’S PASTOR CAUGHT SAYING SOME CHURCHGOERS 'WISH' TRUMP ASSASSIN WAS 'MORE SUCCESSFUL'. (PHOTO).
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.
The loan, not previously reported, is part of Washington's campaign to bolster the use of non-Huawei telecoms equipment overseas.
President Donald Trump's administration launched a "clean network" initiative in his first term to purge Chinese telecoms technology, apps and carriers from infrastructure in the U.S. and allied nations, and has continued similar efforts during his second term.
Huawei holds about a 52% market share for 5G infrastructure in Africa, according to Counterpoint Research.
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