1 234 567
In Trade with Africa, US Is Playing Catch-up
The U.S. may be a global superpower, but when it comes to trade and investment in Africa, it lags far behind. China, with $200 billion in trade with the continent, more than doubles that of the U.S.
That means that while Africans paid attention to the U.S. presidential election, they were much more concerned by a slowdown in China's economy.
"U.S. dynamics are far less important to us than what's happening in China," said Francois Conradie, head of research at NKC...