The second day of the Summit featured three main events, the US Africa Business Forum which focused on highlighting a two way trade between Africa and America.
Discussions at the forum held under the theme “partnering for a prosperous and resilient future”.
American and African leaders as well as trade experts were agreed that the essence of pushing the African agenda forward is by moving from aid to investment and to unlock the full potential of the African private sector.
US President Joe Biden gave more meaning to the discussions when he outlined the US Africa vision.
At the Washington Convention Centre, the US leader explained that his country can be a critical catalyst to Africa’s growth and development.
Cameroon’s Chief Executive was among the other African leaders who listen to US President Joe Biden specify that American is committed to investing 55 billion dollars in Africa with a period of three years. He also announced another 15 billion dollars in private trade.
In the area of technology transfer, the US President spoke of how his government will help in modernizing technology across Africa. The statement was in response to a request President Paul Biya had made a day prior.
President Biden also spoke of providing clean energy, providing Potable drinking water to communities and also providing funding for health care.
From the high level meeting, African leaders were treated to a State Dinner hosted by the American first couple.
While activities of the Second US/ Africa Leaders Summit was taking place at the Washington Convention centre, members of government accompanying the Head of State were busy fostering US – Cameroon partnerships.
Two cabinet Ministers granted audiences on behalf of the President of the Republic at the Conrad DC hotel; The Minister of Finance, Louis Paul Motaze and External Relations, Mbella Mbella received two different US delegations.