Obama’s Africa trip is all about trade, investment, and tech


When President Obama visits Kenya and Ethiopia this week, his agenda will include many issues, such as regional security and human rights. But a dominant focus of the President and his delegation will be expanding business and enterprise in Africa, as he hosts the Global Entrepreneurship Summit (GES) in Nairobi, bringing along over 200 U.S. investors.

“A priority of President Obama, and a goal of the Summit, is exporting U.S. expertise in entrepreneurship and innovation abroad,” says U.S. Secretary of Commerce Penny Pritzker.

GES, a U.S. government sponsored forum, aims to foster business leaders in frontier and emerging markets. It also enlists notable Americans as entrepreneurship ambassadors—among them Internet pioneer Steve Case, Shark Tank’s Daymond John, and AirBnB founder Brian Chesky, all of whom will be in Kenya with Pritzker and the President to mentor young African entrepreneurs on attracting capital, managing risk, and launching new ventures.

These days…

View original post 608 more words

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: