US in Position to Spur African Economic Development

    The United States must shift its engagement in Africa from aid to business as the continent shows the potential to arouse its economy with its untapped resources and idle funds, Africa Business Intelligence reports.

    The report noted that while the U.S. was “appallingly disengaged from the continent in part because we are paralyzed by thoughts of Africa as a liability and burden,” it stood as the most viable leader to begin stimulating Africa’s economy and help develop the region until it could support itself. 

    About the author

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      Tarra Quismundo

      Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.