Creating a New U.S. and Africa Partnership
In the last 10 years, the United States has given almost $90 billion of foreign aid to Africa. During this time, China has become the number one exporter of goods to 19 out of the 48 sub-Saharan African countries as listed by the World Bank. Back in 2001, China was number one exporter to only one sub-Saharan African country. Is the United States willing to spend over $9 billion a year in sub-Saharan Africa and then allow countries like China and India take all the emerging business opportunities? Strong partnerships between African countries and China have major geostrategic and national security implications for the United States and the Trump administration. We need to leverage and expand on our current assets, including our traditional foreign assistance as well innovations such as Power Africa, and leverage our trade and financial institutions to help level the playing field for American businesses in Africa. To see our recommendations for the White House, Congress, business leaders, and U.S. government agencies, check out our recent commentary.
Now is the time to have this important discussion. Please join us for opening remarks from Erin Walsh and a public panel discussion on February 23.
This event was made possible by general support to CSIS.
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