02 December 2007

AFRICA and the USA: Remarkable Change and Progress in Africa's Economic Development


Source: AllAfrica

On the second leg of a trip to three African countries, the Secretary of the U.S. Treasury, Henry M. Paulson, Jr., delivered this address to the Corporate Council on Africa's U.S.-Africa Business Summit in Cape Town.
Africa is a unique continent: diverse in people and heritage, with some of the most spectacular geography and biodiversity on the planet. All too often, however, those who do not know Africa well associate the continent with issues like famine, conflict and disease. Tonight, I will talk about a much different Africa, one with which I suspect most of you are more familiar – a continent of diverse nations increasingly defined by economic opportunity and promise.
Most importantly, I will talk about an Africa where leaders are taking control of their own economic futures and continuing to move beyond reliance on donors.

For the rest of the speech AllAfrica.

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