Prosper Africa aligns with the Trump administration’s Africa strategy, introduced by National Security Adviser John Bolton last December. It aims to promote prosperity, security, and stability in U.S.-Africa relations, and confirms the administration’s prioritization of trade and investment to reach those three objectives. This strategy might be “one of the most business-friendly U.S.-Africa policies in recent times—at least in principle.”
Bolton initially posed the administration’s Africa strategy as a direct counter to Chinese and Russian “predatory practices” and influence on the continent.
Prosper Africa is now, however, presented by U.S. officials as an innovative method of engaging with African leaders and entrepreneurs through a coordinated effort among U.S. agencies—with less reference to China.
Prosper Africa aims to reverse the United States’ eroding ground in African markets by providing technical assistance for U.S. and African companies in order to double two-way trade and investment.
While Prosper Africa is promising, its impact will probably not be strong enough to counterbalance China’s unique influence in the region. China’s success in doing business on the continent has been driven by its high and diverse financial flows (a complex mix of concessional loans, grants, aid, market loans, etc.) to Africa: Investment from China rose twofold between 2010 and 2016.
CENTER FOR AFRICAN STUDIES
Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.
Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.