US-Africa Summit Presents New Opportunity to Africa Businesses

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Starting next month the Africa business community will be granted a huge opportunity to tap into the United States economy in the first ever Africa Summit in the United States which has attracted over 50 heads of states.

“The summit hosted by US President Barrack Obama is expected to open doors for more business collaboration between Africa businesses and their counterparts in the US,” Stephen Hayes, President and CEO of the Corporate Council on Africa said.

“Camac Energy is a good example of a successful collaboration between the United States and Africa and the upcoming summit will provide an excellent opportunity to further areas of partnership and strengthening of trade ties,” he said.

Camac Energy Inc, one of the main sponsor for the Corporate Council on Africa and is quoted on the New York Stock Exchange has exploration projects in Nigeria, Kenya, Ghana and Gambia. “Leading the Way in U.S. – Africa Investment” the weeklong summit is aimed at strengthening trade ties between the United States and Africa.

The Corporate Council on Africa will host a business forum as well as targeted networking opportunities. President Goodluck Jonathan of Nigeria and President Uhuru Kenyatta and Ghana’s President John Mahama will be chief guests.

Several other programmes highlighting a number of African countries are also planned thus providing a unique opportunity for members of the private sector to network not only with potential businesses from the United States but from other countries in Africa.

Kenya is among a few African countries invited for a reverse visit with energy companies from the 30th to August 2 in Houston according to Kenya’s foreign affairs cabinet secretary Amina Mohammed.

“We are very encouraged by the exciting opportunities this week provides and are delighted to support the excellent efforts of the Corporate Council on Africa during this historic summit”, Chairman and CEO of Camac Energy, Dr. Kase Lawal said.

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