Landry Signé, Aubrey Hruby, Judd Devermont, and Gyude Moore on their expectations for the new Prosper Africa initiative and the roles that infrastructure, communication, and the US Development Finance Corporation might play in its impact.
CGD Policy Blogs
Prosper Africa Promises to Double Two-Way Trade and Investment between the US and Africa: But What’s the Starting Point?
Outlining a new vision for expanding private sector activity between the United States and Africa, the Deputy Secretary of Commerce and the USAID Administrator announce plans to double two-way trade and investment between the US and Africa.
US trade policy is not as fair and inclusive as it could be. That, not new tariffs, should be the focus of US policy.
On sidelines of the annual summit of the US Corporate Council on Africa in Maputo, Mozambique, US Commerce Secretary Wilbur Ross is set to provide the details of the new US-Africa policy, Prosper Africa. This new initiative seeks to accelerate two-way investment and trade with Africa as a way to advance the United States’ competitive advantage.