US-Africa Leaders Summit News

Victoria Island, Lagos, Nigeria

Develop a strategy for Africa now before it's too late, say Africa investment specialists Melissa Cook, CFA & Walé Adeosun, CFA

An advisory council appointed by US Secretary of Commerce Penny Pritzker to expand business opportunities in Africa is now in full swing.

Tony Elumelu at the US-Africa Business Forum in Washington in August 2014

Billionaire Tony Elumelu launches $100M program to boost African business

One of Africa’s richest businessmen, Tony Elumelu, has launched a $100 million program to support and promote entrepreneurship across the continent.

A room in Protea Hotel Ikeja

Why Marriott International Is Investing In Africa

Marriot’s big start in Africa came this last April with the acquisition Protea, a hotel chain in Africa that would make Marriott the largest hotelier in Africa with the added 117 properties in seven African countries.

China still trumps the competition in Africa Inc

China still trumps the competition in Africa Inc.

US President Barack Obama earlier this year hosted the first ever US-Africa summit.

Aliko Dangote, Chairman, Dangote Group

In Africa's oil capital, Africa's richest man built an empire on sugar

As Africa’s global business prominence continues to surge, so too does Aliko Dangote’s profile as one of the region’s most recognised entrepreneurs.

Grant Cullens, CEO, African Alliance Asset Management

South African funds don't invest in their backyard

It is not just European and U.S. pension funds that are slow to invest in the opportunities available on the Africa continent: South Africa-based funds also need encouragement.

Penny Pritzker, US Commerce Secretary, at the US-Africa Business Forum

Africa Summit Set the Stage for US Business. Now What?

As the dust settles after the U.S.-Africa Leaders’ Summit that took place in early August in Washington, a clearer picture is emerging of what it achieved.

Diana Layfield, CEO, Standard Chartered Africa

Standard Chartered has doubled to $5B its commitment to Power Africa: Diana Layfield, CEO, Standard Chartered Africa (Video)

Standard Chartered puts up its own capital and that of others.

Mo Ibrahim, Billionaire Founder of Celtel and the Mo Ibrahim Foundation

People need to see Africa as it is: Mo Ibrahim, Billionaire Founder of Celtel and the Mo Ibrahim Foundation

I have always been optimistic about Africa, and Africa is where I make my money, without paying bribes…

Jeff Immelt, Chairman & CEO, General Electric

General Electric to invest $2B in Africa

Africa is expected to receive $2 billion worth of investments from multinational conglomerate GE (General Electric).

Africa's GDP

Lions go global: Deepening Africa's ties to the United States

The White House has invited some 50 African heads of state to Washington, DC, this week, presenting a historic opportunity to deepen US ties to the continent.

Penny Pritzker, US Secretary of Commerce

Obama's Africa Summit, the largest event ever held by a US President with African heads of state: Q&A with Pritzker and Bloomberg

In the first week of August, U.S. President Barack Obama will convene the inaugural U.S.-Africa Leaders Summit in Washington D.C., an unprecedented gathering of African business and political leaders and heads of state.