President Biden needs to Build Back Better on Africa | Opinion Rosa Whitaker
, President and CEO, The Whitaker Group On 5/25/21 at 7:00 AM EDT
In his first major foreign policy address, Secretary of State Antony Blinken declared the key priority of the Biden agenda a more stable, inclusive global economy that delivers security and opportunity for as many Americans as possible in the long term.
In an irreversibly interdependent world, Africa is central to achieving this vision. Over the past decade, Africa has accounted for a third of world population growth and is now home to 15 percent of the global workforce this will likely rise to a quarter by 2050. Estimates put African consumer spending in 2019 at $3.6 trillion. Africa s share of the world s strategic mineral resources hovers around 30 percent, rendering the continent consequential for everything from nuclear fuel and tech devices to global industrialization and innovation.
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