Long-Distance Industrial Policy for Africa cgdev.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cgdev.org Daily Mail and Mail on Sunday newspapers.
Major reform on how America gives money to other countries like Israel, Ukraine, and Sudan is breezing through the House with Democratic and Republican support.
While differences between the United States and the more than 50 nations on the African continent remain, the negative predictions evaporated in the face of international bonhomie at this week s U.S.-Africa Leaders Summit in Washington D.C.
Foreigners don’t receive much of America’s $35 billion annual foreign aid budget, at least not directly. Less than ten percent goes to local charities, companies, or governments in developing countries. The Biden administration, like past administrations, is trying to reform the system. But it needs to think bigger.