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Africa has great business potential – Trump

September 21 –  THERE is great potential in Africa, says US President Donald Trump at a working lunch with African leaders at the 72ndSession of the UN general assembly (UNGA) in New York.

Leaders from Côte d’Ivoire, Ethiopia, Ghana, Guinea, Namibia, Nigeria, Senegal, Uganda, and South
Africa were told that he foresaw partnerships between the US and Africa for promoting prosperity and peace on a range of economic, humanitarian, and security issues.

“We hope to extend our economic partnerships with countries who are committed to self-reliance
and to fostering opportunities for job creation in both Africa and the United States,” says Trump.

Six of the world’s ten fastest-growing economies are in Africa.

Increasing American trade and investment across diverse industries — including agriculture, energy, transportation, healthcare, travel, and tourism — will further transform lives throughout the continent, added the press release.

Secretary of State Rex Tillerson, and the US Millennium Challenge Corporation, are already
considering an investment worth hundreds of millions of dollars in Côte d’Ivoire, which has made impressive economic reforms.

Trump also says  he hoped SAf giant Sasol would consider investing in the
US.

Sasol is currently building a $US 9 billion petrochemical plant in Louisiana, which will bring new
jobs to the state, said the president.

Turning to the health sector, Trump said Uganda had made incredible strides in the battle
against HIV/AIDS, while Guinea and Nigeria’s fight against the Ebola outbreak was praised.

Namibia’s health system is increasingly self-sufficient, according to Trump, who added that
his Secretary of Health and Human Services will be travelling to Africa to
promote America’s Global Health Security Agenda.

To this end, the US will also partner with African countries and organisations like the
African Union (AU) to prevent the spread of terrorism and respond to humanitarian crises. – ANA

 
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