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FEDERALhearing transcript

Senate Hearing on U.S. Trade and Investment in Africa

Original title: TRADE AND INVESTMENT IN AFRICA

January 1, 2022

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The Frame

What this does

The hearing sets the legislative agenda for potential future U.S. trade policies and economic development initiatives in Africa, which impact U.S. export opportunities and international economic relations.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

U.S. Businesses

These entities are the primary targets for expanded export and investment opportunities discussed by the committee.

African Nations

These nations are the focus of potential U.S. trade policy shifts and infrastructure development initiatives.

What changed

Last recorded activity January 1, 2022.

What's next

Next step not available in the current record.

Summary

This document is a transcript from a July 2021 Senate hearing focused on identifying strategies to increase U.S. economic engagement, trade, and investment in sub-Saharan Africa. The hearing explored how addressing infrastructure challenges and leveraging Africa's rapidly growing, young population can create opportunities for both U.S. businesses and African nations.

Key Facts

  • The hearing took place on July 28, 2021, as the first hearing of the 117th Congress for this subcommittee.
  • The subcommittee identified infrastructure deficits (high-cost, low-quality) as a primary barrier to economic growth in Africa.
  • The African population is projected to double in the next 30 years.
  • By 2050, one-quarter of the world's population is expected to live in Africa.
  • 60 percent of the African population is currently under the age of 25.
  • The hearing included testimony from representatives of the Corporate Council on Africa, the Brookings Institution, and the Atlantic Council.
  • Additional materials submitted for the record included a report on the U.S.-Kenya Trade Agreement and a letter from the AFL-CIO.

Frequently Asked Questions

What was the main goal of this hearing?
The goal was to explore practical ways to expand U.S. economic engagement in sub-Saharan Africa and identify trade and investment priorities for Congress.
Why is the U.S. focusing on African infrastructure?
The noted that s in Africa increase energy costs and hinder business productivity, which limits economic growth and U.S. export opportunities.

Why It Matters

The hearing sets the legislative agenda for potential future U.S. trade policies and economic development initiatives in Africa, which impact U.S. export opportunities and international economic relations.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Demographic Trends

The committee is explicitly linking U.S. trade policy to long-term demographic projections, specifically the doubling of Africa's population by 2050.

Connected Entities

personChris Van HollenChairman of the Subcommittee on Africa and Global Health PolicyMap →
personBill HagertyU.S. Senator from TennesseeMap →
personFlorizelle LiserPresident and CEO of the Corporate Council on AfricaMap →
personLandry SigneSenior Fellow at the Brookings InstitutionMap →
personAubrey HrubySenior Fellow at the Atlantic CouncilMap →
organizationSubcommittee on Africa and Global Health PolicySenate subcommittee conducting the hearingMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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