CGD in the News

Nearly 50 African Leaders Gather in Washington for US-Africa Leaders Summit (CNTV)

August 04, 2014

From the article:

For many Americans, Africa is a continent far away, full of images like these: poverty, hunger, political refugees - and a need for foreign aid.

But former U.S. diplomat to Africa, Todd Moss, warns those are the pictures of the past.

"US now has greater national security interest in Africa than ever before, and their greater economic opportunity in Africa for American investors than ever before." Said Todd Moss, from Center for Global Development.

...

Moss says American companies also lack the support that other businesses get from their host governments.

"Just give you an example that Chinese Export Import Bank is many many times larger than U.S Export Import Bank. So that kind of circumstances just put U.S. companies at disadvantage." Said Todd Moss, from Center for Global Development.

Read the article here