The United States plans to invest in five to 10 large infrastructure projects around the world in January as part of a broader Group of Seven initiative to counter China's Belt and Road initiative, a senior U.S. official said on Monday.
The program will look to counter Chinese influence by offering funding for projects with higher labor standards, a focus on climate considerations and helping disadvantaged groups like female entrepreneurs.
A U.S. delegation led by President Joe Biden's deputy national security adviser, Daleep Singh, identified at least 10 promising projects in Senegal and Ghana during the latest in a series of "listening tours" last week, the official said.