US Unveils New Strategy for Sub-Saharan Africa

Posted June 14th, 2012 at 11:45 am (UTC-5)
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The United States has unveiled what it calls a new strategy toward sub-Saharan Africa, focusing on democracy, economic growth, peace and development.

A White House statement Thursday said the plan takes a “proactive and forward-looking” approach toward Africa, one that is grounded in partnership.

The U.S. says it will push for government accountability, promote human rights and challenge leaders who threaten democracy.

It says it will try to spur economic growth by promoting good economic governance and encouraging U.S. companies to trade and invest in Africa.

The new strategy was released as U.S. officials hosted a meeting on the U.S. Africa Growth and Opportunity Act of 2000. U.S. Secretary of State Hillary Clinton said the law has created new jobs and sectors in African economies.

“Africa offers the highest rate of return on foreign direct investment of any developing region in the world. In fact, it is the only developing region where the growth rate is expected to rise this year,” she said.