JOHANNESBURG – The path to Africa’s prosperity may not lie in receiving aid, but rather in boosting trade with the United States. Following President Donald Trump’s decision to halt foreign aid, analysts emphasize this viewpoint. Frans Cronje, an advisor for the Yorktown Foundation for Freedom based in South Africa, mentions that US trade dealings with Africa far exceed the amount of aid provided. In 2024, some $11 billion was spent by USAid in Africa, whereas trade between the US and Africa stood at a much higher $71.6 billion. Experts note that while aid might be well-intentioned, it often doesn’t address the underlying issues causing poverty. Instead, it can perpetuate dependency, as aid can strengthen flawed governments. Trade, on the other hand, encourages reforms and improved governance for sustainability. Additionally, concerns over China’s growing influence in Africa highlight the need for the US to rethink its approach toward the continent, focusing more on trade rather than aid to foster strong and independent economies.

Source: https://www.foxnews.com/world/analysts-back-trumps-usaid-cuts-africa-say-increased-trade-better-benefit-continents-poor