Mohammed Shosanya
The United States government is willing to create jobs through increased trade and investment in sectors such as agriculture, technology, and infrastructure, as well as boost innovation and elevate the living standards of millions of Africans.
The U.S. Consul General, Will Stevens, disclosed this at the Africa Social Impact Summit 2023, themed: “Global Vision, Local Action: Repositioning the African Development Ecosystem for Sustainable Outcomes,” which held in Lagos,on Thursday.
He noted that at the heart of the United States’ commitment to Africa lies a steadfast focus to fostering economic growth.
He added that :”African continent is dynamic, chock-full of untapped potentials, from its people to its vibrant innovative and entrepreneurial spirit and her vast natural resources.Recognizing this, the United States envisions a future where economic growth is inclusive, sustainable, and far-reaching.”
According to him,through initiatives such as the African Growth and Opportunity Act (AGOA), the United States has played a pivotal role in fostering two-way trade relationships that empower African economies and communities.
He said: “Providing duty-free access to U.S. markets for eligible African nations, including Nigeria, AGOA has paved the way for enhanced market access and economic diversification.
“Since its enactment in 2000, AGOA has facilitated a staggering $1 trillion in total trade. This is not just a number; it’s a testament to the fact that AGOA has contributed to the growth of industries across the African continent.”
He stated that the United States government’s commitments to Africa extend to healthcare and human capital.
Stevens said that through initiatives such as the President’s Emergency Plan for AIDS Relief (PEPFAR), the U.S. government has invested over $100 billion in the global HIV/AIDS response, the largest commitment by any nation to address a single disease in history, saving 25 million lives.
He stated that the United States has collaborated with African governments and organizations across the continent to bolster healthcare infrastructure, advance maternal and child health, and combat malaria, as well as other infectious diseases.
