1、 https:/crsreports.congress.gov Updated November 17, 2020The Trump Administrations Prosper Africa InitiativeThe Trump Administrations Prosper Africa initiative aims to substantially increase U.S.-African trade and investment ties, spur joint U.S. and African economic growth, andas U.S. officials hav
2、e stateddemonstrate “the superior value proposition of transparent markets and private enterprise.” Past Administrations have similarly sought to expand U.S.-Africa trade and investment ties, but gains to date have been modest. In 2019, Africa accounted for 1.4% of U.S. global trade and received 0.7
3、% of U.S. foreign direct investment. Such shares have declined relative to their historical highs a decade or so ago, suggesting that quickly achieving sizable growth in such metrics may not be easy. As such, Congress may seek to determine whether Prosper Africa is adequately funded, effectively con
4、figured, and an appropriate vehicle to attain such goals. (See Figure 1 for recent U.S.-Africa trade trends.) Background, Vision, and Justification Then-National Security Advisor John Bolton announced Prosper Africa in a late 2018 speech unveiling the Administrations Africa strategy. The initiative,
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