Browsing: U.S-Africa Summit

U.S.-Africa Summit

Trump hosts U.S.-Africa talks, focus on critical mineral deals

Industry and Trade
  • Donald Trump’s July 9-11 U.S.-Africa summit in Washington will bring together presidents from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal.
  • Agenda to focus heavily on U.S. economic interests in West Africa’s critical minerals sector and pressing regional security concerns.
  • Meeting comes on the heels of a U.S.-brokered ceasefire agreement between the DRC and Rwanda, signed last week at the White House.

Just weeks after the United States sealed over $2.5 billion in trade and investment deals at the U.S.-Africa Business Summit in Luanda, Angola, U.S. President Donald Trump is set to host a high-level summit with select west African heads of state in Washington from July 9–11.

The summit marks Trump’s first official engagement with African leaders during his second term and is being seen as a strategic effort to strengthen U.S. commercial and geopolitical influence in West Africa.

According to African Intelligence, the summit …

Multipolar world order positions Africa on a pedestal.

Amid a Multipolar World, Africa will Rise

Investing

The world is on the cusp of a new geopolitical order, embracing multipolarity and swiftly effacing the long-standing unipolar world that has for decades on end, placed  the U.S on a pedestal as the sole dominant superpower. In the recent past this hegemonic position has been challenged by emerging global powers, led by China, Russia, Germany, U.K, South Korea, France, Japan, UAE, and several others. These countries have grown in power, asserting an independent and to some degree collective influential role, in global economic affairs and security development, thereby ushering in a new multipolar world order.

The fall of the Iron Curtain in 1989 when almost all of the communist governments of the Eastern bloc were overthrown, heralded the formal dissolution of the USSR in 1991.This marked the end of the Cold War that began shortly after World War II in 1945.  This was a period of geopolitical tension between…

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African leaders when they met to deliberate on the AfCFTA ooerationalistaion in 2018. www.theexchange.africa

US sets eyes on Africa’s largest trade block with new partnership

Business
  • The agreement reaffirms the US commitment to elevating a strong private sector voice in AfCFTA implementation.
  • Through exploring these challenges and opportunities in-depth, the U.S.-Africa Leaders Summit seeks to chart new avenues for improved U.S.-Africa cooperation.
  • The business forum focuses on growing the commercial partnership between the U.S. and Africa, with priority discussion topics including the U.S.-Africa commitment to trade and investment.

The United States Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) and the African Continental Free Trade Area Secretariat (AfCFTA) on Wednesday signed a Memorandum of Understanding (MoU) to launch a working group to help advance trade and investment between the U.S. and Africa. 

The agreement reaffirms the US commitment to elevating a strong private sector voice in AfCFTA implementation. 

Scott Eisner, President of the U.S.-Africa Business Center, said coordination between the private sector and the AfCFTA is key to unlocking Africa’s full economic potential.

“As the world’s leading …