Continental Focus, International Reach

All Eyes Focused on DC for US-Africa Business Forum

Wednesday, August 6, 2014

All eyes interested in Africa will be turned toward Washington DC in the coming days as the city hosts the US-Africa Business Forum. The event is aimed at improving trade and investment between the US and the countries of Africa.

According to White House reports US president Barack Obama will announce that US businesses have committed to investing $14 billion in construction, clean energy, banking, and information technology projects across Africa at the event.

“These investments will deepen U.S. economic engagement in Africa, fueling growth that will support broader African prosperity and emerging markets for US businesses, which will support jobs in both the United States and Africa,” a White House official was quoted in a Reuters report.

The US capital will play host to a number of African dignitaries and executives who will be mingling with fellow US officials and business leaders.


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