Nigerian ex-President Olusegun Obasanjo has dismissed fears about the likely negative impact of United States President Donald Trump’s ‘America First’ policies on Africa.
Obasanjo, who spoke in an interview with Financial Times, said there was no need for Africans to worry about Trump’s approach to foreign policy.
There have been fears that Trump’s outlook on foreign affairs might hurt three key U.S initiatives, namely the African Growth and Opportunity Act; the U.S President’s Emergency Plan for AIDS Relief; and the $7 billion Power Africa Fund meant to double entry into electrical energy in Sub-Saharan Africa.
There have been fears that Trump might redirect funding away from these critical programmes to domestic issues and thus adversely impact African economies.
Obasanjo additionally expressed concern that Trump may revisit some programmes, together with AGOA.
However, he mentioned this is able to ginger the continent to face its problems by itself “We should not allow things to fizzle out no matter what Trump does or doesn’t do.”
Obasanjo insisted that Africans have been robustly self-sufficient to go it alone.
“I have never really worried personally about Trump,” he mentioned. “I believe the damage he can do to Africa is limited,” he added.