US-Africa summit: Washington playing catch-up in business | Bangkok Post: news

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US-Africa summit: Washington playing catch-up in business

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Washington aims to wake up US business to the opportunities in Africa with the landmark US-Africa Leaders Summit this week, as China and Europe steal a march in the world's fastest-growing continent. 

US President Barack Obama answers a question after making a statement in the briefing room of the White House on August 1, 2014 in Washington

As many as four dozen African leaders, and hundreds of businessmen with them, will for their part be looking to see if US investors and traders can move beyond old stereotypes of a continent mired in conflict and corruption and recognize its huge potential.

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