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

Author

Listed:
  • Policarpo Gomes 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)

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.

Suggested Citation

  • Policarpo Gomes Caomique & Fatimata Belem & Jules Sampawende, 2024. "Revamping African and the United States Economic Ties: A Quest for More Trade and Investment," Post-Print hal-04817255, HAL.
    • Handle: RePEc:hal:journl:hal-04817255
    Note: View the original document on HAL open archive server: https://hal.science/hal-04817255v1
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    File URL: https://hal.science/hal-04817255v1/document
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