Africa Business International

US-Africa Leaders Summit yields scores of business deals in diverse fields

Business from the United States and different African countries announced nearly 15 new commitments during last week’s US-Africa Leaders Summit, in fields ranging from mining to healthcare to basketball. One of the biggest deals made at the summit was an investment by US-based Kobold Metals, which will be “a commitment of over $150 million dollars […]

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US-Africa summit: Biden backs AfCFTA, AU as G20 member

US President Joe Biden capped the three-day summit of 49 African leaders by stressing his administration’s deep commitment to Africa, urging the continent’s leaders to respect the will of their people, and saying he may come visit. Africa could see more US investment as the Biden administration wants to reduce the dominance of China and […]

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Morocco boosting U.S.-Africa partnership for shared prosperity

Head of Moroccan Govt. Aziz Akhannouch has voiced his country’s steadfast commitment to contribute to strengthening further the partnership set between the U.S. and Africa for shared prosperity, development and inclusive economic growth. Speaking at a Forum held Wednesday in Washington within the frame of the US-Africa Leaders Summit (Dec. 13-15), Akhannouch said that King […]

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US seeks to boost trade, political ties with Africa to catch-up with China, Russia

The US-Africa Leaders summit kicked off Tuesday (13 December) in Washington, D.C., with a full agenda that includes topics ranging from climate adaptation and energy transition to peace, security and governance. As President Joe Biden is hosting 49 African heads of state in the nation’s capital, some analysts see it as the United States “playing […]

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Blinken stresses partnership with Africa as China looms large over US-Africa Leaders summit

With the annual US-Africa Leaders Summit kicking off in Washington, D.C., this Tuesday Dec.13, the Biden administration will try to offer its African partners a better alternative to the economic competition from China on the continent. Deputy Commerce Secretary Don Graves acknowledged that the United States has fallen behind as China has surged past American […]

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US-Africa Leaders Summit: Biden to reboot ties with Africa, back AU spot in G20

The annual US-Africa Leaders Summit kicks off this Tuesday Dec.13 in Washington, D.C., where President Joe Biden will host about 50 African leaders, their delegations and Africans in the private sector and diaspora communities in the United States. The Biden’s three-day summit, which will focus on values such as democracy and good governance, as well […]

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US-Africa summit: Biden aims to boost trade, investment, food security; are the ambitions too high?

US President Joe Biden will be hosting some 45 heads of state from across the African continent in Washington, DC, on 13-15 December for the flagship US-Africa Leaders Summit, but analysts say that the US president could be much more ambitious in his engagement. The three-day summit — designed to showcase, in US Vice-President’s Kamala […]