Tag Archives: American policy in Africa

U.S. Agency: Nigeria a key African market

The U.S. International Development Finance Corporation is a new, modernised agency that will support investments in developing countries to drive economic growth, support stability, and improve livelihoods. In this briefing to launch the programme, Overseas Private Investment Corporation Acting President and Chief Executive Officer David Bohigian give insight into the initiative. Excerpts:

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Economists: Removal from State Sponsors of Terrorism list essential to Sudan’s recovery

Economists have called on Sudan’s coming transitional government to make efforts to remove Sudan’s name from the list of state sponsors of terrorism, so that Sudan can take advantage of the initiative to relieve Sudan’s debt.

Sudan’s debt has exceeded $58 billion, according to the economists. The initiative to ease it aims to reform the health, education, and transportation sectors, dissolution of levy institutions, encouraging production in the next phase, development of an emergency plan that takes care of the daily needs of citizens and removing injustice from them. Read more

US-African Trade Lagging Despite Free Access, Forum Hears

Trade between the United States and sub-Saharan Africa is in the doldrums despite a 2000 U..S law designed to boost access the American market, a conference in Ivory Coast has been told.

The African Growth and Opportunity Act, which in 2015 was extended to 2025, provides tariff-free access on 6,500 products to 39 countries, ranging from oil and agricultural goods to textiles, farm and handicrafts. Read more

America pledges an ‘unwavering’ commitment to higher education in Africa

By Edwin Naidu

Senior United States diplomat Tibor Nagy, assistant secretary of state for African affairs, said his country is committed to strengthening ties on the African continent through stronger trade links and investment in higher education.

Nagy, the former vice-provost for international affairs at Texas Tech University in the US, spoke glowingly of the “enduring partnership between the United States and South Africa”. Read more

Airbase 201: America completes drone base In Niger Republic

By StrategyPage

After five years of negotiations, followed by years of construction delays, the new American airbase in Niger has been completed. Called Airbase 201, it cost $110 million and is one of the most expensive U.S. Air Force foreign airbase construction projects even undertaken. The main purpose of the base is to improve surveillance and intel collection about Islamic terrorists in the region. That will be accomplished by basing UAVs (Unmanned Aerial Vehicles) there along with some manned aircraft. Read more

Can Trump’s Prosper Africa make America greater than China and other partners in Africa?

By Landry Signé and Eric Olander

The official launch of the Trump Administration’s Prosper Africa program at the Corporate Council on Africa’s U.S.-Africa Business Summit in Mozambique on June 19 comes after months of policy talk about ramping up trade and investment between the United States and African countries. Prosper Africa aligns with the Trump administration’s Africa strategy, introduced by National Security Adviser John Bolton last December, which aims to promote prosperity, security, and stability in U.S.-Africa relations, and confirms the administration’s prioritization of trade and investment to reach those three objectives. Read more