To Support Africa, Build Infrastructure (From RealClearDefense)
The African continent is a rapidly growing market. Foreign direct investment (FDI) patterns are steady, if not growing, as countries around the world invest in Africa. However, the U.S. is woefully behind. This is due in large part to a lack of investment incentives for American companies. Washington’s strategic interests are linked to FDIs because they make Africa more accessible and easier to operate in without requiring the U.S. government to take on a long-term, extensive commitment in leading and managing such investments. One clear area for investment that would benefit local communities, commercial companies, and Washington is infrastructure development. I have written more on this topic for RealClearDefense here.
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