Over the past few years, business leaders and investors have become increasingly aware of the economic potential of Sub-Saharan Africa’s burgeoning consumer market. Singapore is an increasingly interested player in the Sub-Saharan African arena. There is a growing number of Singapore companies, from small to large, drawn to the region.They venture not only to familiar South Africa, but are also attracted by the blossoming tech industry in East Africa and by the booming population in West Africa, which brings the promise of a huge untapped market.
In the wake of controversial picks for Trump’s cabinet, the spotlight turns to his appointed choice for Secretary of State, the highest diplomatic rank in the United States government. After a brief interlude with Mitt Romney, which would certainly be a favourite pick among Republicans, Donald Trump showed that he would continue with his anti-establishment agenda and decided instead to recommend Rex Tillerson for the role.
Rex Tillerson is an experienced executive of the Oil and Gas industry, with 41 years working in ExxonMobil. Tillerson ascended to become the company’s chairman and CEO in 2006, roles that he occupied until the end of 2016 when he finally left the company. He was nominated US Secretary of State on early February.
However, more than one month into the role, a large number of vacancies in the US State Department are still to be filled. Adding this to the isolationist rhetoric Trump has preaching and to the recent proposed cut in funding to the State Department make one think that American foreign affairs will not be a top priority in the Trump presidency.