Revamping African and the United States Economic Ties: A Quest for More Trade and Investment

Policarpo Caomique, Fatimata Belem and Jules Sampawende
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Policarpo Caomique: UFSM - Universidade Federal de Santa Maria = Federal University of Santa Maria [Santa Maria, RS, Brazil]
Fatimata Belem: United Nations
Jules Sampawende: FERDI - Fondation pour les Etudes et Recherches sur le Développement International

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Abstract: This paper examines United States-African economic relations, focusing on trade and investment. It reviews historical and contemporary interactions, arguing that the engagement of the United States in Africa has largely been constrained by geopolitical factors, resulting in trade and investment levels that fall short of expectations. To enhance these connections, American and African policymakers need to reevaluate strategies, including developing policy frameworks to make Africa more attractive for investment and trade, leveraging the African Continental Free Trade Area (AfCFTA), aligning with existing initiatives, and mobilizing resources from the African diaspora in the United States.

Keywords: Trade; Investment; United States; Africa (search for similar items in EconPapers)
Date: 2024-11-30
New Economics Papers: this item is included in nep-afr and nep-int
Note: View the original document on HAL open archive server: https://hal.science/hal-04817255v1
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Published in 2024

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04817255

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