HUB FACT SHEETS, INFOGRAPHICS & SUCCESS STORIES Trade & Investment News Read Our Blog Newsletters

An unfinished agenda: The progress of U.S.-backed economic development goals in Africa

Published on July 21, 2015

President Obama will make what is likely to be his last trip to sub-Saharan Africa while in office when he visits Kenya and Ethiopia later this week, just after hosting newly elected Nigerian President Muhammadu Buhari at the White House on Monday. After what some have called a “slow start” (associated in part with the 2008 financial crisis), the Obama administration has initiated a formidable list of new U.S. government programs in sub-Saharan Africa, with a high point reached last summer when the president convened the first-ever U.S. Africa Leaders Summit. A defining feature of all the Obama administration’s activities in Africa has been the great emphasis the president has placed on improving the U.S.-African commercial relationship and supporting broader inclusive economic growth throughout the region. Each of his signature programs have consistently included a prominent role for the business community, with Power Africa reportedly leveraging an astounding $20 billion in commitments from the private sector to support badly needed electricity generation and access in the region. Read more. Source | Brookings


get updates