When the US election, the process by which Americans choose their president and federal leaders, directly influences global markets, foreign aid, and trade policies. Also known as American presidential election, it’s not just a domestic event—it ripples across continents, especially in places like South Africa where trade, investment, and policy decisions are tied to Washington’s direction. The 2024 election sent shockwaves through African economies. Business confidence in South Africa, for example, dropped sharply during the uncertainty, then bounced back once the outcome became clearer. The SACCI index, a key measure of local business sentiment, climbed back above 110 as companies reacted to the new administration’s stance on tariffs, climate funding, and security partnerships.
The African economy, a diverse set of markets from Nigeria to Kenya, heavily influenced by global capital flows and US trade policy doesn’t operate in a vacuum. When US policy shifts, so do foreign direct investments, loan terms from international banks, and even aid packages from USAID. For instance, South Africa’s SASSA grant system and Telkom’s tower sale were both affected indirectly—by how global investors viewed Africa’s stability under shifting US leadership. The same goes for luxury tourism in Rwanda and Kenya: when American travelers cut back due to economic uncertainty or travel advisories, revenue leaks out of local communities faster than ever.
Written by :
Christine Dorothy
Categories :
Politics
Tags :
Kamala Harris
Donald Trump
presidential debate
US election
In a heated presidential debate, Vice-President Kamala Harris sharply criticized Donald Trump for his refusal to accept the 2020 election results and alleged his role in the January 6 Capitol attack. Trump defended his stance, accusing the Biden administration of poor immigration policies. The debate, organized by ABC News, saw both candidates fiercely defending their positions on key national issues.
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