Browsing: Donald Trump

Entrepreneurship is one of the ways to create a financial future. www.theexchange.africa

Entrepreneurs are catalysts for business.

They have a highly desirable and fundamental effect on the wider economy through establishing new businesses of providing not only goods and services to customers but also providing job opportunities to individuals in various industries.

No country can survive without a thriving breed of entrepreneurs! They literally keep the wheels of the economy turning through their activities.…

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A report launched in April 2021 on the US-Kenya trade negotiations analysing the implications for the future of the US-Africa trade relationship shows that if successful, the FTA would represent the most significant innovation in US-African trade relations since the enactment of the African Growth and Opportunity Act (AGOA) trade preference programme in 2000.

With a new administration taking over in the US following an election where Trump lost to President Joe Biden, an agreement has yet to be reached. This presents the Biden administration with a decision on whether to continue negotiations with Kenya.…

Africa is suffering the worst from the effects of global warming. The continent is the least prepared to respond to adverse weather changes brought about by global warming.

The devastating effects range from unpredictable weather that is causing floods and famine across the continent. The economic impact for agriculture dependent Africa is huge. This is why Joe Biden’s win is very important for Africa.

Biden is clearly for action against global warming the least of which not been his outright statement that his administration will bring America back into the Paris Climate Deal. The Paris Agreement is a direct response to climate change in which countries from around the world have agreed to cut down their green house gas emissions to check global warming.

The US was part of the deal, that is until Donald Trump came into the picture and pulled the US out of the deal.

If Trump …

The visit by US Secretary of State Mike Pompeo to three African countries of Senegal, Angola, and Ethiopia is significant for the Trump administration not only as of the first trip the senior official has made to the continent, but a first for a senior official since the launch of the new strategy for Africa. The last time a senior official to visit sub-Sahara Africa was Pompeo’s predecessor, Rex Tillerson who lost his job while on a trip to Kenya.

Trump’s Africa Strategy was aimed at promoting prosperity, security, and stability in relations, and the business-friendly Prosper Africa which aims to substantially increase two-way trade and investment between the United States and Africa.

The leading issue will mainly be on security and counter-terrorism efforts mainly in the Sahel as well as the horn of Africa. Though Somalia has remained a point of discussion in terms of security, there is a …

The US government in Kenya is working to counter the growing influence of China locally and regionally by developing grassroots-based initiatives that will spur US business investments and address slow growth rates in rural areas.

The initiative is in line with a bigger agenda by the US government to instill dominance in key global locations mainly in Asia, Africa and Latin America where China has made significant inroads in socio-political and economic development.

The US ambassador to Kenya Kyle McCarter announced that his government through Prosper initiative that was announced by US President Donald Trump last year will work with 8 pilot counties dubbed ‘Prosper Counties’ to spur growth. These counties selected on the basis of high economic potential, effective governance practices, and a commitment in creating an enabling environment for business growth.

“We’re going to put forth projects that have meaning to Kenyans. Our shared goal is to pave …