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Grace Goodrich, Field Editor January 21, 2021 On Wednesday, U.S. President Joe Biden was sworn into office, ushering in a new administration, new foreign policy and a new approach to U.S. trade and investment in Africa. For its part, the Trump administration had not been short on growing U.S. private sector involvement in Africa, specifically under its trademark initiative, Prosper Africa. Designed to strengthen bilateral trade and investment, the initiative was launched in 2019 and supported by the Better Utilization of Investments Leading to Development (BUILD...

Alexander O. Onukwue 20th January 2021 Share this article but may need one holdover to influence Africa. In January 2020, Nigerian healthcare startup LifeBank became the first company to receive investment under a new maternal care initiative introduced by the US International Development Finance Corporation (DFC). LifeBank’s 24/7 blood supply business met three criteria for a DFC-funded company; it is a revenue-generating enterprise filling a emerging market. Using these investment criteria, the DFC has gone on to invest in multiple sectors across Africa. In addition to LifeBank, DFC’...

  China will find itself engaged in an international struggle between its “win-win” approach to international policy and the US’s attempted “anti-China” policy.  “ The fact that an increasing number of Latin American countries are seeking to maintain national independence strengthens their relations with China.” The Biden presidency will probably change some of the Trump administration’s tactics towards China. But Biden will not change the underlying anti-China policies of the US openly launched under Trump. The most probable variant is that a Biden administration will try t...

Why Biden Should Boost U.S. Foreign Aid Copy link By Oussama Mezoui Copy link Villagers collect rations parachuted from a plane onto a drop zone at a village in Ayod county, South Sudan. SourceTONY KARUMBA/AFP via Getty WHY YOU SHOULD CARE By Oussama Mezoui December28, 2020 President-elect Joe Biden has inherited an America whose global brand has been battered by an isolationist approach, including attempted cuts to foreign economic assistance and humanitarian aid. Increasingly, swaths of the world are relying on other powers like Beijing, rather than D.C. As a humanitarian, I have always bel...

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