The visit is facilitated by USAID and Prosper Africa, the US government’s initiative to increase trade and investment between African nations and America, started Tuesday and will coincide with US Secretary of State Antony Blinken’s trip. Blinken arrives in the country Sunday – his second official trip to Africa.
“There’s not enough public resources in donor budgets and in local budgets, for example, in South Africa to solve the climate crisis,” Cameron Khosrowshahi, senior investment adviser for Prosper Africa, said in an interview Thursday. “There’s going to need to be a scaling up of private capital alongside public capital in order to meet the challenge. And that’s part of the reason why we’re here.”
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