![]() Africa remains of great strategic importance as the U.S. The continent, whose leaders often feel they've been given short shrift by leading economies, remains crucial to global powers because of its rapidly growing population, significant natural resources, and a sizable voting bloc in the United Nations. Heads of states from 49 African nations and the African Union have been invited to take part in the summit that has been billed as an opportunity for President Joe Biden’s administration to re-engage the continent’s leaders. helps to build capacity in our partner countries as opposed to exploiting those countries.” ![]() He added, “We’re bringing the best technologies and innovations, the highest standards. investors and companies are having to play catch up,” Graves said at an event hosted by the news outlet Semafor. “We took our eye off the ball so to speak, and U.S. remains the “partner of choice” in Africa. has fallen behind as China has surged past American foreign direct investment in Africa but argued that the U.S. ![]() ![]() offers a better option to African partners.Īhead of Tuesday’s start of the three-day U.S.-Africa Leaders Summit, Deputy Commerce Secretary Don Graves acknowledged that the U.S. WASHINGTON (AP) - With dozens of African leaders descending on Washington this week, the Biden administration is offering a not-so-subtle pitch in its economic competition with China on the continent: The U.S.
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