In 2000, the Clinton administration established the African Growth and Opportunity Act (AGOA), drastically integrating trade as a foundation for economic development in Africa.
In 2015, the Obama administration passed legislation to extend the program until 2025 following the actions of its predecessor, the Bush administration in 2004. Initiatives that set a developmental precedent for Africa have been protected by the Obama administration, but it is paramount to the success of U.S. foreign policy in Africa that development attempts continued to be pursued.
The Power Africa initiative, born during the Obama administration, aims to substantially increase access to electrical conduits and power sources to throttle growth and development in Africa.
Developed in collaboration with the African Development Bank Group (AfDB), a projected $3 billion was to be contributed in the initial five years by the AfDB. Methods for allocating power to citizens of sub-Saharan Africa are imperative in establishing partnerships with private investors to facilitate bankable energy initiatives.
The Obama administration reports that private companies and the African government have reached more than a quarter of their goal to generate power for over 3.5 million homes in sub-Saharan Africa. The initial goal to increase power by double within five years was not accomplished, however, much headway was made toward the program’s successful future.
The conclusion of the 2016 presidential elections will be key in determining the likelihood of the security and development of Power Africa, as well as other global health and economic aims for U.S. foreign policy for Africa in 2017.
The United Nations lists the progress of global partnerships for development as Africa’s eighth Millennium Development Goal in attempts to accomplish the major goal of economic growth potential. Further attention to the development of programs such as Power Africa during 2017 amid the next presidential administration is vital to the outcome of such economic integration of Africans into the world market and to foster local businesses.
– Amber Bailey