CGD in the News

Africa More Important Than Ever (USA Today)

July 31, 2014

From the article:

Africa is no longer the backwater of U.S. foreign policy. President Obama will host the first-ever African heads of state summit with 47 leaders in Washington, D.C. on Aug. 4-6. The top agenda items are security and private investment, areas where both Americans and Africans have growing shared interests.

Yet the summit has undertones of too little, too late. Even as more Americans begin to update their views of Africa, a big question is whether our government is adapting quickly enough.

A major driver of a new relationship should be Africa's resurgence. The region's $2 trillion economy has been growing on average above 5% per year for more than a decade. The continent is home to six of the 10 fastest expanding economies in the world.

Read the article here