Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    GA-20 and Grammy-winning musician Charlie Musselwhite perform “I Can’t Hold Out” during CBS Saturday Morning’s Saturday Sessions on August 1.
    Videos

    GA-20 and Charlie Musselwhite Perform ‘I Can’t Hold Out’

    August 2, 2026 1 Min Read
    Ricky Gervais Alley Cats official Netflix trailer
    Videos

    Ricky Gervais ‘Alley Cats’ Trailer Sets August 7 Debut

    July 23, 2026 2 Min Read
    Sam Fender Olivia Dean break UK chart record with Rein Me In after 16 weeks at No. 1.
    Videos

    Sam Fender, Olivia Dean Break 30-Year UK Chart Record

    July 12, 2026 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: US-Africa Investment Program Urged to Counter China
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Mineral-rich rocks with US and Africa symbols representing mineral cooperation
PhotoNews Pakistan > Business > US-Africa Investment Program Urged to Counter China
Business

US-Africa Investment Program Urged to Counter China

Web Desk
By Web Desk Published August 9, 2026 2 Min Read
Share
Mineral-rich rocks are pictured with US and Africa-themed symbols, highlighting the potential for mineral cooperation and investment.
SHARE

WASHINGTON: The $500 million US-Africa investment program should help African manufacturers compete with Chinese imports, two Foundation for Defence of Democracies analysts argued on August 8.

Daniel Swift and Cameron Timlin made the recommendation in an opinion essay published by The Hill. They called for greater US involvement in the African Continental Free Trade Area.

The authors said Chinese goods were gaining market share in textiles, steel, vehicles, machinery and electronics. They described some of those exports as subsidised dumping. However, the essay did not provide product-level price or subsidy data.

If the United States bolsters Africa’s green transition, it would not only expand the continent’s “access to reliable and affordable energy; it would shore up American economic and geopolitical interests,” writes @mohadow.https://t.co/tcMyQ0DnVQ

— Foreign Affairs (@ForeignAffairs) August 9, 2026

World Bank data placed manufacturing value added in Sub-Saharan Africa at about 10% of gross domestic product in 2025. The authors argued that stronger import competition could limit the sector’s expansion.

They also said Chinese lending reduced some African governments’ freedom to impose tariffs. However, the essay presented that conclusion as analysis rather than evidence from named governments.

Read: China, Russia and Iran Launch BRICS Plus Naval Drills in South African Waters

Swift and Timlin recommended coordinated external tariffs and protections for developing industries through the African Continental Free Trade Area.

They also urged Washington to support technical discussions on investment, competition and digital trade rules.

The US Department of State program offers up to 10 grants, each worth $5 million to $50 million. Its two focus areas are critical minerals investment and the acceleration of commercial diplomacy.

Read: Barrick London Listing Weighed For Africa Business

Meanwhile, the authors called for the US International Development Finance Corporation to develop additional infrastructure-financing instruments. They said those tools could give African governments alternatives to China-linked financing.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Bank Alfalah Pehchan account

Recent Posts

Most popular jobs in the USA with an American flag.

US Jobs Report, Broadcom Earnings Test Wall Street Rally

General Abdourahamane Tchiani of Niger.

Niger Mutiny Attack Hits Airport, Presidency in Niamey

Official US Treasury emblem of the United States Department of the Treasury on a blue background.

US Nonprofit Tax Crackdown Could Target Soros, SPLC, CAIR

Post Archives

More Popular from Photonews

President-elect Donald Trump smiles while holding a gavel at the New York Stock Exchange during a visit to ring the Opening Bell.
Top NewsWorld

US Midterms: Trump Strategy Puts Him at Centre of GOP Push

2 Min Read
Olivia Rodrigo holds a red megaphone while performing onstage during her “GUTS” World Tour.
Entertainment

Olivia Rodrigo’s ‘Serena Joy’ Song Gets Aug 24 Digital Release

1 Min Read
FIFA President Gianni Infantino holds the FIFA World Cup Trophy while addressing an audience at an official event. Image Credit: AP.
Sports

Ceferin FIFA Presidency Bid Ruled Out Ahead of 2027 Vote

2 Min Read
Top NewsWorld

Japan Earthquake Injures 37 Across Greater Tokyo

TOKYO: A magnitude 5.9 Japan earthquake struck the Greater Tokyo region at 2 am JST on…

August 23, 2026
Pakistan

PIMS Nursery Fire: Hospital Releases Victim Details

ISLAMABAD: The PIMS nursery fire killed 14 newborn babies while one infant was rescued alive, the…

August 27, 2026
Tech

Bitcoin Price Tops $80,000 as Dollar Weakness Fuels Rally

Bitcoin price rose above USD 80,000 on Tuesday, August 25, reaching its highest level since mid-May…

August 25, 2026
Writing

Masai Russell Claims 100m Hurdles Record in Zurich

ZURICH, Switzerland: U.S. Olympic champion Masai Russell set a women’s 100m hurdles world record at the…

August 28, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?