What Liberians Expect From the Just Ended U.S.-Africa Business Summit?

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From May 6-9, 2024, over 1500 delegates, including eight African presidents and 16 ministerial delegations, joined their United States counterparts and seven international officials in the US city of Dallas, Texas, for a high-level business summit expected to unlock doors for US investments on the continent.

The event was the 16th edition of the US-Africa Business Summit, organized by the leading US business association, Corporate Council on Africa , solely focused on connecting business interests in Africa.

With the country currently in dire need of serious investments to spur economic growth, this summit presents a clear opportunity for President Boakai and his team to woo American investors. Arguably, this might not be Liberia's first participation at the US-Africa Business Summit, especially since the end of the country's three decades of civil war-an end that ushered in the Ellen Johnson-Sirleaf administration in which President Boakai served twelve years as her vice.

However, that is what the organizers can do; the rest is left with President Boakai and the team to work on domestic legislation and put in place the institutional measures that would make doing business here easier.

 

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