WASHINGTON — At an investment conference Friday aimed at building partnerships and increasing investment in Africa, top U.S. officials struck a chord that didn’t sit well with some of the participating African leaders.
The event included a number of announcements, including a new collaboration with African development finance institutions, and highlighted investments made by the U.S. International Development Finance Corporation and goals for a range of U.S. agencies moving forward. But the most contentious issue was about how Chinese investment on the continent is interpreted.
White House national security adviser Robert O’Brien, who gave the opening remarks at the online event, said that the U.S. approach stands in “stark contrast” to the Chinese Community Party.
“Whereas Beijing promotes a journey to China dependence, the U.S. promotes a journey to self-reliance,” he said, accusing China of wanting to exploit countries to serve its geopolitical goals.
The U.S. provides grants and transparent financing while China “pushes unsustainable and opaque loans,” O’Brien said.
“The result is the erosion of national sovereignty,” he said. “President [Donald] Trump has a strong message for you today. Choose a different path for your great nations. Choose independence, maintain your sovereignty, embrace self-sufficiency and true partnership. Above all, control your own future.”
Senegal President Macky Sall made it clear that this narrative does not sit well with Africans.
“Africans today know exactly what their priorities are. And I’m very happy to see that Americans are concerned about the sovereignty of Africa. … The projects that we implement with our partners will not suffer from any encroachment on our sovereignty,” he said at the event, according to the live translation.
Senegal is open to all partners and has no exclusivity, Sall said. The country must open up to work with everyone, he added, noting that China provides critical long-term funding.
Africa never benefited from low-interest capital like Europeans did through the Marshall Plan after the Second War War, he said. African nations need the long-term loans China provides to build critical infrastructure, Sall added.
“We don’t want our friends to see China’s intervention and China as a threat to the partnership we have with them,” he said, adding later that he thinks partners “will gain a lot in listening, listening deeply to Africa and Africans.”
Sall and other African leaders expressed a desire to work with the U.S. to attract further investments.
Source: Devex
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