21. U.S. Foreign Assistance to Africa: Securing America's Investment for Lasting Development
- Author:
- Katherine J. Almquist
- Publication Date:
- 06-2009
- Content Type:
- Journal Article
- Journal:
- Journal of International Affairs
- Institution:
- School of International and Public Affairs, Columbia University
- Abstract:
- Since 2001, the United States has dramatically increased its commitment to development in Africa and has transformed the way it is implemented. In the last eight years, U.S. foreign assistance to sub-Saharan Africa managed by the State Department and the U.S. Agency for International Development (USAID) has increased by $5.5 billion, or 340 percent. An additional $3.8 billion has been provided through Millennium Challenge Account (MCA) compacts, ten of which have been signed with sub-Saharan African countries since 2004. The United States is currently on track to meet its 2005 G-8 commitment to double aid to Africa again by 2010. This commitment of financial resources by the United States represents former President George W. Bush's vision of using America's power to help Africans improve their own lives, build their own nations and transform their own future.
- Topic:
- International Relations
- Political Geography:
- Africa, United States, and America