I suggest to you that the most urgent task facing Africa today and for decades ahead is to create opportunity for this next generation. (Applause.) And this will be an enormous undertaking. Africa will need to generate millions more jobs than it’s doing right now. And time is of the essence. The choices made today will shape the trajectory of Africa, and therefore, the world for decades to come. And as your partner and your friend, allow me to suggest several ways that we can meet this challenge together.
Africa’s progress will depend on unleashing economic growth -- not just for the few at the top, but for the many, because an essential element of dignity is being able to live a decent life. (Applause.) That begins with a job. And that requires trade and investment.
Many of your nations have made important reforms to attract investment -- it’s been a spark for growth. But in many places across Africa, it’s still too hard to start a venture, still too hard to build a business. Governments that take additional reforms to make doing business easier will have an eager partner in the United States. (Applause.)
And that includes reforms to help Africa trade more with itself -- as the Chairwoman and I discussed before we came out here today -- because the biggest markets for your goods are often right next door. You don't have to just look overseas for growth, you can look internally. And our work to help Africa modernize customs and border crossings started with the East African Community -- now we’re expanding our efforts across the continent, because it shouldn’t be harder for African countries to trade with each other than it is for you to trade with Europe and America. (Applause.)
Now, most U.S. trade with the region is with just three countries -- South Africa, Nigeria and Angola -- and much of that is in the form of energy. I want Africans and Americans doing more business together in more sectors, in more countries. So we’re increasing trade missions to places like Tanzania, Ethiopia Mozambique. We’re working to help more Africans get their goods to market. Next year, we’ll host another U.S.-Africa Business Forum to mobilize billions of dollars in new trade and investment -- so we’re buying more of each other’s products and all growing together.
Now, the United States isn’t the only country that sees your growth as an opportunity. And that is a good thing. When more countries invest responsibly in Africa, it creates more jobs and prosperity for us all. So I want to encourage everybody to do business with Africa, and African countries should want to do business with every country. But economic relationships can’t simply be about building countries’ infrastructure with foreign labor or extracting Africa’s natural resources. Real economic partnerships have to be a good deal for Africa -- they have to create jobs and capacity for Africans. (Applause.)
And that includes the point that Chairwoman Zuma made about illicit flows with multinationals -- which is one of the reasons that we've been a leading advocate, working with the G7, to assist in making sure that there’s honest accounting when businesses are investing here in Africa, and making sure that capital flows are properly accounted for. That's the kind of partnership America offers.
Nothing will unlock Africa’s economic potential more than ending the cancer of corruption. (Applause.) And you are right that it is not just a problem of Africa, it is a problem of those who do business with Africa. It is not unique to Africa -- corruption exists all over the world, including in the United States. But here in Africa, corruption drains billions of dollars from economies that can't afford to lose billions of dollars -- that's money that could be used to create jobs and build hospitals and schools. And when someone has to pay a bribe just to start a business or go to school, or get an official to do the job they’re supposed to be doing anyway -- that’s not 'the African way.' (Applause.) It undermines the dignity of the people you represent.
Only Africans can end corruption in their countries. As African governments commit to taking action, the United States will work with you to combat illicit financing, and promote good governance and transparency and rule of law. And we already have strong laws in place that say to U.S. companies, you can't engage in bribery to try to get business -- which not all countries have. And we actually enforce it and police it.
And let me add that criminal networks are both fueling corruption and threatening Africa’s precious wildlife -- and with it, the tourism that many African economies count on. So America also stands with you in the fight against wildlife trafficking. That's something that has to be addressed. (Applause.)
But, ultimately, the most powerful antidote to the old ways of doing things is this new generation of African youth. History shows that the nations that do best are the ones that invest in the education of their people. (Applause.) You see, in this information age, jobs can flow anywhere, and they typically will flow to where workers are literate and highly skilled and online. And Africa’s young people are ready to compete. I've met them -- they are hungry, they are eager. They’re willing to work hard. So we've got to invest in them. As Africa invests in education, our entrepreneurship programs are helping innovators start new businesses and create jobs right here in Africa. And the men and women in our Young African Leaders Initiative today will be the leaders who can transform business and civil society and governments tomorrow.
Africa’s progress will depend on development that truly lifts countries from poverty to prosperity -- because people everywhere deserve the dignity of a life free from want. A child born in Africa today is just as equal and just as worthy as a child born in Asia or Europe or America. At the recent development conference here in Addis, African leadership helped forge a new global compact for financing that fuels development. And under the AU’s leadership, the voice of a united Africa will help shape the world’s next set of development goals, and you’re pursuing a vision of the future that you want for Africa.
And America’s approach to development -- the central focus of our engagement with Africa -- is focused on helping you build your own capacity to realize that vision. Instead of just shipping food aid to Africa, we’ve helped more than two million farmers use new techniques to boost their yields, feed more people, reduce hunger. With our new alliance of government and the private sector investing billions of dollars in African agriculture, I believe we can achieve our goal and lift 50 million Africans from poverty.
Instead of just sending aid to build power plants, our Power Africa initiative is mobilizing billions of dollars in investments from governments and businesses to reduce the number of Africans living without electricity. Now, an undertaking of this magnitude will not be quick. It will take many years. But working together, I believe we can bring electricity to more than 60 million African homes and businesses and connect more Africans to the global economy. (Applause.)
Instead of just telling Africa, you’re on your own, in dealing with climate change, we’re delivering new tools and financing to more than 40 African nations to help them prepare and adapt. By harnessing the wind and sun, your vast geothermal energy and rivers for hydropower, you can turn this climate threat into an economic opportunity. And I urge Africa to join us in rejecting old divides between North and South so we can forge a strong global climate agreement this year in Paris. Because sparing some of the world’s poorest people from rising seas, more intense droughts, shortages of water and food is a matter of survival and a matter of human dignity.
Instead of just sending medicine, we’re investing in better treatments and helping Africa prevent and treat diseases. As the United States continues to provide billions of dollars in the fight against HIV/AIDS, and as your countries take greater ownership of health programs, we’re moving toward a historic accomplishment -- the first AIDS-free generation. (Applause.) And if the world learned anything from Ebola, it’s that the best way to prevent epidemics is to build strong public health systems that stop diseases from spreading in the first place. So America is proud to partner with the AU and African countries in this mission. Today, I can announce that of the $1 billion that the United States is devoting to this work globally, half will support efforts here in Africa. (Applause.)
I believe Africa’s progress will also depend on democracy, because Africans, like people everywhere, deserve the dignity of being in control of their own lives. (Applause.) We all know what the ingredients of real democracy are. They include free and fair elections, but also freedom of speech and the press, freedom of assembly. These rights are universal. They’re written into African constitutions. (Applause.) The African Charter on Human and Peoples Rights declares that “every individual shall have the right to the respect of the dignity inherent in a human being.” From Sierra Leone, Ghana, Benin, to Botswana, Namibia, South Africa, democracy has taken root. In Nigeria, more than 28 million voters bravely cast their ballots and power transferred as it should -- peacefully. (Applause.)
Yet at this very moment, these same freedoms are denied to many Africans. And I have to proclaim, democracy is not just formal elections. (Applause.) When journalists are put behind bars for doing their jobs, or activists are threatened as governments crack down on civil society -- (applause) -- then you may have democracy in name, but not in substance. (Applause.) And I'm convinced that nations cannot realize the full promise of independence until they fully protect the rights of their people.
And this is true even for countries that have made important democratic progress. As I indicated during my visit to Kenya, the remarkable gains that country has made with a new constitution, with its election, cannot be jeopardized by restrictions on civil society. Likewise, our host, Ethiopians have much to be proud of -- I've been amazed at all the wonderful work that's being done here -- and it's true that the elections that took place here occurred without violence. But as I discussed with Prime Minister Hailemariam, that’s just the start of democracy. I believe Ethiopia will not fully unleash the potential of its people if journalists are restricted or legitimate opposition groups can't participate in the campaign process. And, to his credit, the Prime Minister acknowledged that more work will need to be done for Ethiopia to be a full-fledged, sustainable democracy. (Applause.)
So these are conversations we have to have as friends. Our American democracy is not perfect. We've worked for many years -- (applause) -- but one thing we do is we continually reexamine to figure out how can we make our democracy better. And that's a force of strength for us, being willing to look and see honestly what we need to be doing to fulfill the promise of our founding documents.