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US Hails ‘Record’ Year For Trade With Africa

Antony Blinken at the U.S.-Africa Business Forum

In the midst of a war for influence on the continent with China, the United States celebrated the signing of record trade agreements with Africa this year, totaling $14.2 billion, on Wednesday.

According to British Robinson, coordinator of the UNITED STATES’ “Prosper Africa” trade strategy, about 550 new trade and investment agreements had been inked, representing a 67% increase in terms of number and value over 2022.

“We have had a record year for US-Africa relations,” said Judd Devermont, head of sub-Saharan Africa at the White House, during an online press conference organized a year after a summit with African leaders during which US President Joe Biden pledged to “pull out all the stops” on the continent.

Written by PH

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