USA Raises $55 billion "For Africa" To Be Used "Over The Next 3 Years Alone"
The United States of America has raised $55 billion to be used in Africa toward the advancement of “shared priorities” in the next three years.
This was announced by Antony J. Blinken, the Secretary of State at the U.S. – Africa Leaders Summit 2022 which started on the 13th and ended on the 15th of December.
In his remarks gleaned by Pindula News, Blinken said the U.S. is committed to expanding broad-based economic opportunity in Africa in part by mobilizing the power of the American private sector. He said:
So earlier this year in South Africa, I had an opportunity to set out the administration’s Strategy for Africa. And at its core, it really can be distilled to a single word, and that word is partnership. The reality is that the United States and African nations cannot deliver on any of the fundamental aspirations of our people – we can’t solve any of the big challenges that we face – if we don’t work together. So our approach is about what America can do with African nations and people, not for them. And that’s what this summit, the U.S.-Africa Leaders Summit, has really been all about.
We took full advantage of having so many leaders from African governments, businesses to strengthen these partnerships, as was demonstrated, I think, by the robust engagement from President Biden, Vice President Harris, and a large number of our Cabinet secretaries throughout the course of the week. And as you’ve heard, we’re putting considerable new resources toward advancing our shared priorities, $55 billion over the next three years alone.
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He also reiterated the U.S. “desire” to see a permanent member from Africa in the UN Security Council and for the Africa Union to join the G20 as a permanent member.
Blinken also said President Joe Biden announced more than $15 billion in new deals. He also said:
America will not dictate Africa’s choices. Neither should anyone else. The right to make these choices belongs to Africans and Africans alone. But we will work relentlessly to expand their choices, and the agreements and investments we made this week showed that when African governments, businesses, and communities are offered the choice to partner with the United States, they will take it…
As the President said yesterday, we’re all in on Africa’s future because we know that the future of African nations and the United States is a shared one. And in what the President called a decisive decade, that partnership is more vital than ever.
