Jump to content

Obama hails 'new Africa emerging'


Recommended Posts

Posted

Barack Obama hails 'new Africa emerging'

WASHINGTON: -- US President Barack Obama has said "a new Africa is emerging" as he opened the last day of a summit in Washington DC with 40 African leaders.


Wednesday's talks will cover both security concerns and corruption - two areas the US administration says is holding back growth in Africa.

US firms have pledged $14bn (£8.3bn) in investments during the summit.

Such investment will fight extremism across the region, US Secretary of State John Kerry has told the BBC.

In an interview with BBC's HARDtalk on Tuesday, Mr Kerry said stability from business projects was countering extremist ideologies and militant movements.

Full story: http://www.bbc.com/news/world-us-canada-28678769

[bbc]2014-08-07[/bbc]

Posted

There are a lot of nice people there, but the place is a hole from top to bottom. No matter how many billions if not trillions of dollars have been dumped on the continent, I can't tell it has really done any good.

Posted

For the next few decades, the investment focus should be on this continent. They will be seen as the new developing market, where double and triple digit growth and returns can be achieved. What asia used to be. Asia done, south America almost done, new toy Africa.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...