Clinton extols Africa’s economic rebirth




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obamaAs United States President Barack Obama closed the U.S.- this week, the call, by former U.S. President Clinton, for the U.S. strengthen investments in remains one of the highlights of the unprecedented .
Citing the story of African entrepreneur Ashish J Thakkar as an example of ’s recent economic resurgence and the basis for partnership. Clinton, while moderating a panel titled “Expanding Opportunities: The Era For Business In ”, said: “the United States and its business community need this as much or as Africa and its business community,” stressing that the is important the of the U.S.
Clinton also highlighted the Founder, Mara Group and Mara , Ashish J Thakkar – who introduced his panel – and described his personal story as a refugee from genocide and teenage school drop who was able start his own company.
“I thought of all the people who were driven out of Uganda. And the amazing stories so many of them have made. It reinforced something that we shouldn’t forget here. Intelligence, dreams and the willingness to are evenly distributed throughout the world,” Clinton said.[eap_ad_2]
He stressed the importance of Thakkar’s story to show the need for opportunities across the continent, stating that the was something “we [the U.S.] should have done long ago.”
President Obama had invited the leaders of nearly 50 African for the first ever U.S.-Africa Leaders Summit in Washington, D.C. on Monday Wednesday this week in a move perhaps aimed at fostering his own African legacy.
With discussions centered on trade, security and governance dominating the agenda – although the summit the of the deadly Ebola virus in West Africa was not relegated as the Presidents of Sierra Leone and Liberia – it further highlighted the image of Africa as a growth market for U.S. businesses.
According to Ashish J Thakkar, Founder, Mara Group and Mara , “The US-Africa Summit is history in the making, and further proof that the world is waking up to the abundant opportunities that Africa has to offer.
“It’s truly heartening to see so many African Heads of here. Not only does it demonstrate an appetite and commitment to together, it also reaffirms Africa’s position as a developing with a bright and sustainable – no longer the destination for aid, but the destination for investment.
“I’m a firm believer in the power of global and local partnerships, with one such example being our own Atlas Mara vehicle.”
Commenting on President Obama’s address at the U.S.-Africa Summit in Washington, D.C., Thakkar said he was confident Obama’s $14 billion pledge is just the beginning. “Over the next few years we’ll see that figure than double,” he added.​ (VENTURES AFRICA)[eap_ad_3]