All posts
Published
June 23, 2025

What will President Trump’s return to the White House mean for US relations in Africa?

Trump’s return has disrupted U.S. foreign aid, impacting African countries like Kenya. His administration is expected to prioritize Africa mainly through competition with China and commercial interests. The future of key programs like AGOA remains uncertain, while other global players expand their influence in the region. Speyside Africa analyzes the corporate affairs challenge for emerging markets.

Trump’s return has disrupted U.S. foreign aid, impacting African countries like Kenya. His administration is expected to prioritize Africa mainly through competition with China and commercial interests. The future of key programs like AGOA remains uncertain, while other global players expand their influence in the region. Speyside Africa analyzes the corporate affairs challenge for emerging markets.

President Trump’s return to the White House has triggered a global bout of government’s reassessing their relationship with the United States. Both allies and opponents are struggling to parse his statements, assess his true priorities and develop a strategy to engage with the United States while protecting their core interests.

The implications of Trump’s presidency for Africa, while less widely discussed in media, are equally important. Already, African countries have been among those most impacted by the president’s flurry of executive orders. The recent decision to pause overseas aid programs for 90 days to assess their alignment with the president’s priorities will at the very least mean that billions of dollars in aid are disrupted – to illustrate the scale, in 2023, the US disbursed $72 billion in foreign assistance.

Aside from the tremendous potential human impact, a longer-term curtailment of aid will have a direct impact on fiscal policy for some US partners. Already in Kenya, which faces a significant fiscal crunch, there are discussions about what cuts to government programs and tax measures might be needed in the 2025 Finance Bill (scheduled for May/June) to mitigate the impact of US funding reductions.

Under the Biden administration, Africa was low on the list of foreign policy priorities, though there was some action recognising of the continent’s growing strategic and economic importance. That shift was highlighted by strengthening of partnerships with countries such as Kenya, and the development of a logistics corridor to transport strategic minerals such as copper, lithium and cobalt from the DRC and Zambia to the Port of Lobito in Angola – a first step in reducing China’s overwhelming advantage in access to unprocessed critical minerals.

President Trump’s policies in his first term may offer some hint of what is to come. While Africa was certainly not among his foreign policy priorities, the administration did release a strategy in 2018, revolving around competition with China and to a lesser extent, Russia, and tasking aid programs to also support growth of US commercial interests.

Based on the precedent, it seems likely that the new administration will view Africa through a limited prism of ad hoc competition and commercial opportunity. In 2025, an immediate test will be whether Congress renews the African Growth and Opportunity Act (AGOA), a centrepiece of the United States’s economic engagement with Africa that provides duty free access to the US for around 1,800 products.

African leaders seem to be relatively sanguine or even optimistic. In many cases there is a sense that a more pragmatic and transactional approach may benefit their countries. While this may support further bilateral agreements, there currently seems to be limited potential for a step-change approach that would significantly increase US engagement in Africa.

What does this mean for business?

On the current trajectory, there is little indication of a changed US approach to relations in Africa that would yield a paradigm shift for US companies on the continent. However, the focus on bilateral agreements and a shift towards aligning aid with broader policy and commercial priorities may yield strategic opportunities – it will be essential for businesses to monitor where these opportunities emerge over the next four years.

More broadly, we should expect to see continued diversification of global commercial and strategic engagement in Africa. While China continues to play the leading role as an international investor, Gulf states have rapidly expanded their interests in the continent, while EU members play a significant role in policy development and aid. Africa’s strategic and commercial importance continues to increase, but we will likely see a new cast of investors increasingly leading the way.

‍

Conclusion

Trump’s return likely signals a narrower, more transactional U.S. approach to Africa, centered on competition and business interests rather than development. While this could open selective opportunities, Africa's growing global importance means other players will likely drive deeper, long-term engagement. Businesses should watch for emerging bilateral deals and shifts in aid-linked projects.

Recent News

View All News
APAC

India’s nuclear energy ambition: expanding the ambit

Speyside Group provides a strategic perspective on India nuclear energy private sector participation as the SHANTI Act, its draft rules, a foreign investment policy awaiting finalization, and a draft national electricity policy begin to converge. The assessment examines operator liability and supplier recourse, the first captive small reactor proposal from Hindalco, and why community consent will shape the license to operate for investors and multinational corporations.
Read post
APAC

Doi Moi 2.0: A New Age of Opportunity for Multinational Investors in Vietnam

Speyside Group provides a strategic perspective on Vietnam license to operate as Doi Moi 2.0 reforms reshape the investment landscape ahead of the country’s 2045 high-income ambition. The assessment weighs the scale of structural change, the new Vietnam International Financial Center, and persistent land, permitting, bureaucratic, and non-technical risks, and explains how local partnerships and deep due diligence make projects bankable for multinational investors.
Read post
Latin America

Beyond the Bet: Where Is Value Shifting in Latin America’s Online Gaming and Betting Market?

Latin America is tightening oversight of online betting, with measures ranging from increased supervision to outright bans. For operators and providers, the ability to adapt to regulatory changes is becoming a decisive factor in remaining competitive and staying in the market.
Read post