US President Donald Trump’s sweeping foreign-aid freeze threatens to hit Africa particularly hard. Bloomberg’s Ondiro Oganga explains the potential impact on healthcare and infrastructure projects, and how the decision provides a potential opening for countries like China. Meanwhile, the head of a leading South African business group says the freezing of foreign aid provides an opportunity for the continent to increase intra-African trade.
Watch the full episode of Bloomberg Next Africa: https://youtu.be/TTw0Elsvksc
Chapters:
00:00:00 – USAID Freeze Impact on Africa
00:01:46 – Business Unity South Africa CEO on Africa’s ‘begging bowl’ mentality
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