President Obama also announced a $37 billion investment in Africa, and another $110 million annual support to African Union peacekeeping efforts, at the end of the premier US-Africa Leaders’ Summit held in Washington DC, United States of America from 4-6 August 2014.
President Obama who welcomed leaders from across the African continent to the nation’s capital for a three-day U.S.-Africa Leaders Summit, the first such event of its kind said “I do not see the countries and peoples of Africa as a world apart; I see Africa as a fundamental part of our interconnected world – partners with America on behalf of the future we want for all of our children. That partnership must be grounded in mutual responsibility and mutual respect.”
DotConnectAfrica (DCA) was amply represented by its Diaspora Constituency at the Summit and happy to see these developments and partnerships being fostered.
During a session at the summit, the Sudanese-British telecom’s billionaire Mo Ibrahim, the Founder, MSI Cellular Investments, later renamed Celtel and Founding Chair, Mo Ibrahim Foundation commented about American investor’s knowledge of Africa by saying the following “Wherever you go in Africa there is Chinese business people, there is Brazilian business people. None of us went to Brazil or to India and China to tell them to come and invest in Africa. They find out themselves and they come and invest… Why must we come and inform this ‘misinformed’
His statement goes a long way in showing what most African influencers, such as Ms Sophia Bekele, have previosly stated. While moderating https://vimeo.com/
Yet another commentator during the summit said "There is also a big misconception by certain United States organizations that Africa is represented by the African Union, which is a big mistake, African countries are Sovereign states, and each country develops its own policy be it commerce, internet and technology, health, security or tourism. The commentator said “US centric companies all think we are the same and such organizations as African Union represent Africa, that is a not the situation, we are all individually doing what is best for us, Africa is made up of 54 countries.”
DCA is happy with the steps America is taking to bridge the gap between Africa and America with the pioneering of the U.S.-Africa Leaders’ Summit. With the theme “Investing in the Next Generation,”
• Expand cooperation on peace and regional security.
• Promote inclusive and sustainable development.
• Bolster trade and investment.
• Create an enabling environment for the next generation of Africans.
This Forum is seen as important to enable Africa and the USA partner in improving relations that will synergize into the development of governance, transparency, accountability and investment priorities.