Saturday, Dec 27, 2014Saturday, Dec 27, 2014

World

 

Trade to dominate as Obama welcomes African leaders

Published on Aug 4, 2014 10:02 AM
 
A sign is seen promoting the US-Africa Summit is seen July 31, 2014 outside the US Department of State (left) where President Obama will host African Leaders in Washington, DC from Aug 4 to 6, 2014. -- PHOTO: AFP

WASHINGTON (AFP) - President Barack Obama will welcome African leaders at an unprecedented summit in Washington on Monday with all eyes on the continent as it battles the worst outbreak of the Ebola virus in history.

Forging stronger economic ties between the United States and Africa is the main aim of the three-day summit, with US officials keen to boost links with a continent projected by the International Monetary Fund to see 5.8 percent growth in 2014.

While the focus is on trade, with Obama last year describing Africa as "the world's next major economic success story," Washington has also vowed to ensure issues such as security, governance and human rights are on the agenda.

The United States currently lags in third place in the trade standings with Africa, far behind the European Union in first and China in second.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos