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“Trade, not aid.” Two key speakers promoted that slogan at a recent roundtable event hosted by the House Foreign Affairs Committee in honor of Africa Day, commemorating the launch of the Organization of African Unity. Rep. Karen Bass, California Democrat and chairwoman of the House Foreign Affairs subcommittee on Africa, global health and global human rights, stressed that, moving forward, U.S. policy toward Africa should be more about trade and investment, less about aid. “We will need to be aligned—like a lot of other countries...

In his first major foreign policy address, Secretary of State Antony Blinken declared the key priority of the Biden agenda—"a more stable, inclusive global economy" that "delivers security and opportunity for as many Americans as possible in the long term." In an irreversibly interdependent world, Africa is central to achieving this vision. Over the past decade, Africa has accounted for a third of world population growth and is now home to 15 percent of the global workforce—this will likely rise to a quarter by...

Uganda's President Yoweri Museveni has told a group of African-American investors who are in the country to explore investment opportunities that investing in Uganda is a ‘sure deal’ to the success of their projects because of the prevailing excellent investment environment in the country. The 16 member team was led by Senegalese-American celebrity and businessman Aliaune Damala Badara Akon Thiam alias Akon who met the President earlier in the week before leaving his wife Rozina Negusei with the delegation which has been in the country...

Today, U.S. Ambassador Lisa Johnson joined Minister of Industrialisation and Trade Lucia Iipumbu to officially launch Namibia’s African Growth and Opportunity Act (AGOA) Utilization Strategy. The strategy seeks to increase Namibia’s exports under the AGOA program, which allows Namibia to export over 6,400 products tariff-free to the United States. This joint effort to develop the AGOA strategy is part of the United States’ efforts to expand mutually beneficial trade with Namibia. The AGOA strategy is a collaboration between the...

Last year, the U.S. and Kenya announced the launch of free trade negotiations, the first of its kind between the U.S. and a sub-Saharan Africa country. If successful, it would be the most significant trade development in the region since the enactment of the African Growth and Opportunity Act (AGOA) trade preference program in 2000. To better understand the key issues surrounding FTA negotiations, the U.S. Chamber’s U.S.-Africa Business Center (USAfBC), in partnership with Covington and the American Chamber of Commerce Kenya (AmCham...