Tag Archives: U.S.-Africa Leaders Summit

Emerging Opportunities from the U.S.-Africa Leaders Summit

When President Obama announced his intention to convene the first-ever U.S.-Africa Leaders Summit, policymakers, pundits, and other interested parties made numerous predictions as to how the historic event would fare, especially in comparison with the summits convened by China, the European Union, and others. Now that the activity of what came to be known as … Continue Reading

With Billions in New Pledges, Power Africa Gains More Power

A little over a year after President Obama first announced Power Africa, the Administration has released the Power Africa Annual Report.  According to the Annual Report, the initiative has “helped facilitate the financial close of transactions which expect to produce nearly 2,800 MW of new generation capacity — more than 25% of the 10,000 MW … Continue Reading

The U.S.-Africa Business Forum: A Significant Opportunity

This past week, National Security Advisor Ambassador Susan Rice and Assistant Secretary of State for Africa Ambassador Linda Thomas-Greenfield provided insights into the upcoming U.S.-Africa Leaders Summit.  To put the event in context, the officials stressed that the Summit is not the sign of a new or renewed relationship with Africa nor a reaction to the … Continue Reading

Strengthening U.S.-Africa Trade and Investment

The U.S. House Committee on Ways and Means is currently considering the renewal and strengthening of the African Growth and Opportunity Act (AGOA).  AGOA is the cornerstone of the U.S.-African commercial relationship, and the African Union (AU) has called for a 15 year extension of the Act, from 2015 to 2030.  Since its enactment in … Continue Reading

UN Leaders Advocate Channeling Investment into Development Needs

At a recent event focused on the promotion of investment in Africa, top UN officials lent their voices to a message that has gained a consensus of opinion: trade and investment are crucial to achieving the development objectives across the African continent. In remarks about the “dynamism and promise” of a continent where overall growth … Continue Reading

NEPAD Summit Introduces Flagship Infrastructure Projects Just Before The Anticipated U.S.-Africa Leaders Summit

From June 14-15, African leaders, businesses and investors gathered for the Dakar Finance Summit for Africa’s Infrastructure–organized by the New Partnership for Africa’s Development (NEPAD)–to discuss the financing of major national and regional infrastructure projects.  The Summit’s hallmark feature was the creation of the Dakar Agenda for Action (DAA), which acknowledges African states’ desire to … Continue Reading

U.S.-Africa Leaders Summit: A Historic Opportunity

On August 4-6, President Obama will welcome over forty-five African heads of state and government to Washington D.C. for the first-ever U.S.-Africa Leaders Summit.  The U.S.-Africa Leaders Summit reflects the administration’s desire to forge a deeper relationship with African governments especially as it concerns  trade and investment,  Africa’s security and democratic development.  The first two … Continue Reading