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Diplomatic Channel: All About The US-Africa Summit, Why US? Pt.2
Posted
August 12, 2014
Views
157
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August 12, 2014
157
2
1.27%
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15:30Now PlayingPeople in Africa are becoming more aware of their importance to the rest of the world, as more and more investors are trooping to Africa as the destination of investment, with Nigeria topping the list of countries of interest.
To boost development in the African continent, the US held a summit with African leaders in the first week of August and several business and development partnerships were established.
Why the US? Is a question many have continue to ponder over.
Since China started partnering with African countries, the US's investment relationship with the African continent has dropped and at the summit, it was obvious that there was need for more partnership between America and the continent.
At the first ever US-Africa Leaders Summit, hosted by President Barack Obama, over 40 African leaders sat to discuss the new partnership proposed by the US.
With the theme, "Investing in Africa's Future” ringing through the US-Africa Business Forum, the US Government explained why the partnership would be a win-win situation for both sides.
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