The end of an era is here: after spending the last two decades trying to expand their businesses and make money in BRIC nations (Brazil, Russia, India, and China) , the World, rather the American, international investors appear to have shifted their focus: the motto may now be "It is Africa Stupid!".   In fact, Africa is where the money is to be made. The point was hightlighted during the US-Africa Leaders Summit in Washington. The Summit, attended by 50 African heads of states, was uprecedented: in its attendance, in setting a new tone for US-Africa relations and its expectations.

President Obama put it clearly in his speech on Tuesday, August 5, 2014:"I want Africans buying more American products. I want Americans buying more African products."

Read more …Africa: The Indisputable Next Destination For US Investors

African presidents and dictators have started to arrive in Washington, DC to attend the US -Africa Summit convened by US President Barack Obama. Close to 50 African leaders are expected in this largest ever gathering of African leaders in Washington. The summit will be held from Monday, August 4, 2014 to Wednesday August 6, 2014. According to the White House, the summit aims at  "elevating our engagement for Africa".  President Obama has long been clear about the objective of the summmit: "I do not see the countries and peoples of Africa as a world apart; I see Africa as a fundamental part of our

Read more …Barack Obama Convenes US-Africa Summit: Economy and Democracy to Dominate

More Articles …