The White House published on 21 September 2016 a fact sheet titled "U.S.-Africa Cooperation on Trade and Investment Under the Obama Administration."
This document offers a good summary of U.S. programs and efforts to increase trade and investment with Africa. U.S. investment in Africa has increased impressively from a total of $37 billion in 2008 to $64 billion in 2015. Trade, on the other hand, has dropped sharply from $142 billion in 2008 to $52 billion in 2015. Most of the decline is accounted for as a result of reduced oil imports from Africa following fracking in the United States.
Showing posts with label Doing Business in Africa. Show all posts
Showing posts with label Doing Business in Africa. Show all posts
Thursday, September 22, 2016
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