Here's your summary from Biden Moves to Get Chips Act Funding for Kenya as Ruto Visits (https://www.youtube.com/watch?v=OwFjDlD7PDU) on the Bloomberg Television channel:
**TLDR:** President William Ruto of Kenya visited the White House, securing funding for digital technology and education, as the US aims to rebuild influence in Africa amidst competition from other global players.
1. President William Ruto visited the White House, securing funding for digital technology and education initiatives in Kenya.
2. The US is working to rebuild influence in Africa amidst competition from countries like China, Russia, Turkey, and the UAE.
3. The US has pledged significant funding for infrastructure and renewable energy in Africa, but needs a clear strategy beyond aid and humanitarianism.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro