President Barack Obama said of his recent visit to sub-Saharan Africa that “the reason I came to Africa is because Africa is rising, and it is in the United States’ interests — not simply in Africa’s interests — that the United States doesn’t miss the opportunity to deepen and broaden the partnerships and potential here.”
Over the past ten years, real income per person has increased by more than 30 percent.
Today, at the dawn of the 21st century, Africa is one of the most important emerging regions in the world, and one of the fastest growing. Trade has tripled over the past decade, and foreign direct investment in the continent approaches $80 billion a year, while trade has tripled over the last decade.Since 1989, 20 new democracies have t
