The importance of the private sector is implicit throughout the Biden Africa strategy, but it could have been more pronounced. Indeed, the fact that the U.S. government has helped to close 800 deals across 45 countries for an estimated value of $50 billion in exports and investments over the last three years, according to Prosper Africa, challenges the perception that the U.S. is not commercially engaged on the continent. Now, U.S. companies and leaders across Africa are interested to know more about the Biden game plan for building on this success. Importantly, an Africa Business Forum will be part of the Africa Leaders Summit. The strategy also highlights the administration’s support for the implementation of the African Continental Free Trade Agreement and working with Congress “on the future” of African Growth and Opportunity Act (AGOA).
https://www.brookings.edu/blog/africa-in-focus/2022/08/25/bidens-africa-strategy-seeks-to-revitalize-ties-with-the-continent/
