Is the United States Prepared for China to be Africa’s Main Business Partner?

SOURCE: Center for Strategic & International Studies (CSIS)

Our competitors prioritize commercial diplomacy and offer upfront financing, speed, and intense intergovernmental facilitation and coordination, and we better draw a page from our economic competitors’ playbooks. The United States must leverage all the tools at its disposal in order to compete with its rivals on the continent.

Since 2012, bilateral assistance to sub-Saharan Africa has represented over 30 percent of the United States’ total official development assistance (ODA) every year. U.S. agencies, both those focused on commercial and economic issues and those focused on development, must better coordinate with each other on the ground in Africa and help U.S. businesses compete more effectively with Chinese ones. READ MORE HERE