Although closer US-African cooperation would yield significant, mutually beneficial results, a lack of investment, depreciating currencies, and high interest rates are choking African economies and derailing critical initiatives like green industrialization. The United States can do three things to help overcome these challenges.
BASEL – Kenyan President William Ruto’s recent visit to the United States could well mark a turning point in US-Africa relations. Closer cooperation would yield mutually beneficial results on issues ranging from economic growth to planetary sustainability. Yet a lack of investment, depreciating currencies, and high interest rates are choking African economies and derailing critical initiatives like green industrialization.
BASEL – Kenyan President William Ruto’s recent visit to the United States could well mark a turning point in US-Africa relations. Closer cooperation would yield mutually beneficial results on issues ranging from economic growth to planetary sustainability. Yet a lack of investment, depreciating currencies, and high interest rates are choking African economies and derailing critical initiatives like green industrialization.