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US Foreign Policy toward Africa As the United States looks to strengthen its position as the World Power and looks for new avenues to invest in it has taken an interest in the upliftment and development of Africa In doing so the United States has begun pumping money and media attention into Africa in amounts usually reserved for European nations Ultimately all policy and relations that the United States has with Africa center on trade and commerce In making these assumptions I am in no way implying that African nations and peoples will not greatly benefit from the United States generosity Assistant Secretary for African Affairs Susan Rice has greatly publicized the United States need to implement aid and investment programs into Africas growing and transitioning nations In a recent address to the Trade and Investment Conference on Africa Ms Rice pointed out that Africans difficult and courageous efforts to keep deficits down maintenance of realistic exchange rates and an increase in competition through domestic deregulation trade reform and the privatization of public enterprises as major reasons to increase support to Africa She also stated that US leadership and support are critical to that transformation process She goes further to state that the US efforts have been a significant factor in democracy building and economic development which will greatly benefit Africans in the long run Yet still we must realized that the US will gain a great deal too by investing in Africa The growth of the Africa economy has allowed for many American products businesses and services to come into Africa and prosper Africa has over a half billion potential consumers with the US making at least four billion dollars or more off of them annually This does not include the one hundred thousand jobs that this creates for US citizens on US soil Additionally as Ms Rice explained in the same address the emergence of stable African democratic
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