Trump plan seeks to double US-Africa two-way trade by 2025 | Fin24
  • Ferial Haffajee

    Why should SAA employees pay for the sins of Dudu Myeni and Jacob Zuma?

  • The Namibian Link

    Evidence is mounting that VBS Mutual Bank aided another elaborate bank heist.

  • Mobile Merger?

    Telkom has confirmed it is in talks to buy network operator Cell C.


Trump plan seeks to double US-Africa two-way trade by 2025

Jun 19 2019 14:38
Prinesha Naidoo and Matthew Hill, Bloomberg

The US’s Prosper Africa strategy plans to double two-way trade and investment between the world’s biggest economy and the continent by 2025.

The plan, which is the flagship initiative of US President Donald Trump in Africa, will facilitate transactions by providing blended finance, loan guarantees, and market intelligence to help make investments less risky, Mark Green an administrator for the US Agency for International Development, known as USAID, said at a conference Wednesday in Mozambique’s capital, Maputo.

It will also provide “matchmaking” services between US companies and African supply and value-chain partners, he said. Prosper Africa will also create country-specific roadmaps to improve the private investment landscape, he said.

donald trump  |  us  |  sa economy


Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote