WASHINGTON – Dr. Mima S. Nedelcovych, President & CEO of the Initiative for Global Development (IGD) released the following statement after President Donald J. Trump announced his intent to nominate Mark Green as the new Administrator for the U.S. Agency for International Development (USAID).
“The Initiative for Global Development (IGD) strongly welcomes the nomination of Mark Green as the new Administrator for the U.S. Agency for International Development (USAID). Ambassador Green is friend of Africa and previously served as the President and CEO of IGD, an influential network of African and global business leaders who are committed to sustainable development and inclusive growth through business investment in Africa.
“Mark was at the helm of IGD when both the organization and the African continent were experiencing tremendous growth and African countries were developing thriving and dynamic markets and a vibrant private sector. He recognized and embraced this rapid change and recalibrated IGD’s mission to focus on the growing role for the private sector in development.
“Today, Africa is home to some of the world’s fastest-growing economies with a growing middle class. African businesses have emerged as the drivers of growth on the continent, creating more than 80 percent of jobs in their countries.
“As USAID Administrator, Mark will understand the need for U.S. policy that encourages and favors African countries to institute economic policies that create an enabling environment for the private sector to thrive and deliver long-term stability and sustainable development. With the renewal of the Africa Growth and Opportunity Act (AGOA), we can anticipate the strengthening of trade opportunities between the U.S. and AGOA-eligible Africa countries and greater investments in Africa’s private sector, which can only lead to stronger economies and prosperity in both Africa and America.
“Indeed, Africa is on the move. We look forward to working with Ambassador Green as USAID Administrator to help transform the prevailing approach to development from an aid model to a private sector-led development approach the leverages the power of the private sector to make a positive socioeconomic impact in communities and bolster inclusive growth.”
ABOUT INITIATIVE FOR GLOBAL DEVELOPMENT
The Initiative for Global Development (IGD) is a Washington, DC-based nonprofit organization that engages and harnesses the power of the private sector to create sustainable development and inclusive growth in Africa. We bring together CEOs and senior executives from leading African and global companies through our Frontier Leader Network to catalyze greater business investment and impact on the continent.