A major push to deepen U.S.-Africa economic ties is underway, as the United States rolls out a new Commercial Diplomacy Strategy to boost exports, investments, and partnerships across the continent.
Speaking at the 2025 AmCham Business Summit in Abidjan, Ambassador Troy Fitrell, acting head of the Africa Bureau at the U.S. State Department, emphasized America's commitment to "eliminate trade deficits and drive mutual prosperity."
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Despite Africa's vast market potential, U.S. exports to Sub-Saharan Africa remain under 1% of total trade volume—a figure unchanged for two decades. The new strategy aims to reverse that trend.
A follow-up U.S.-Africa Leaders Summit is scheduled for later this year to further drive collaboration.
The summit followed the 2025 Africa CEO Forum, which brought together 2,800 business and political leaders—including the presidents of Côte d'Ivoire, Senegal, South Africa, Mauritania, and Rwanda.
For African businesses, especially SMEs, this shift signals new pathways for investment, joint ventures, and expanded access to U.S. markets.