African growth boom follows Trump push to replace aid with trade
FIRST ON FOX: Many African economies are accelerating – booming – since the Trump Administration shifted policy focus from aid to trade, a senior State Department official told Fox News Digital.In some African countries, doom was forecast when the Trump administration severely cut back USAID funding, but instead there’s been unprecedented economic growth, credited to the Commercial Diplomacy Strategy, introduced at the beginning of President Trump’s second term.Now, "nine of the 20 fastest-growing economies (in the world) are in Africa," Assistant Secretary for the Bureau of African Affairs Frank Garcia told Fox News Digital.IRAN AND HOUTHI TERROR PROXY FACING RED SEA THREAT FROM PRO-US AFRICAN NATIONGarcia added, "African economies are responding positively to the shift from aid to trade. exports to sub-Saharan Africa increased by 23% to $22.6 billion.
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FIRST ON FOX: Many African economies are accelerating – booming – since the Trump Administration shifted policy focus from aid to trade, a senior State Department official told Fox News Digital.In some African countries, doom was forecast when the Trump administration severely cut back USAID funding, but instead there’s been unprecedented economic growth, credited to the Commercial Diplomacy Strategy, introduced at the beginning of President Trump’s second term.Now, "nine of the 20 fastest-growing economies (in the world) are in Africa," Assistant Secretary for the Bureau of African Affairs Frank Garcia told Fox News Digital.IRAN AND HOUTHI TERROR PROXY FACING RED SEA THREAT FROM PRO-US AFRICAN NATIONGarcia added, "African economies are responding positively to the shift from aid to trade. exports to sub-Saharan Africa increased by 23% to $22.6 billion. And continue to grow this year."When the Administration cut USAID by 83% early last year, "The predictions were catastrophic: economies heavily dependent on foreign donors—from Ethiopia to South Sudan and Malawi — were expected to collapse. Instead, something quite different happened," Anna Mahjar-Barducci, Project Director at the Middle East Media Research Institute (MEMRI), told Fox News Digital."The African continent proved far more resilient than expected, citing Ethiopia, which revised its 2026 growth forecasts upward despite the funding cuts," Mahjar-Barducci continued.
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- What's the story?
- FIRST ON FOX: Many African economies are accelerating – booming – since the Trump Administration shifted policy focus from aid to trade, a senior State Department official told Fox News Digital.In some African countries, doom was forecast when the Trump administration severely cut back USAID funding, but instead there’s been unprecedented economic growth, credited to the Commercial Diplomacy Strategy, introduced at the beginning of President Trump’s second term.Now, "nine of the 20 fastest-growing economies (in the world) are in Africa," Assistant Secretary for the Bureau of African Affairs Frank Garcia told Fox News Digital.IRAN AND HOUTHI TERROR PROXY FACING RED SEA THREAT FROM PRO-US AFRICAN NATIONGarcia added, "African economies are responding positively to the shift from aid to trade. exports to sub-Saharan Africa increased by 23% to $22.6 billion.
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African growth boom follows Trump push to replace aid with trade
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