Tuesday, August 5, 2014 - 11:42pm
Coons: Summit focused on economic opportunities for U.S., Africa
Updated Wednesday, August 6, 2014 - 11:58am
Senator Chris Coons is taking part in the three-day U.S.-Africa economic summit in Washington D.C.
|Senator Coons (WDEL/file)|
Coons, who chairs the Senate Foreign Relations Subcommittee on African Affairs, tells WDEL the summit is focused on growing economic opportunities between American companies, including some located in Delaware.
"The World Bank says that seven of the 10 fastest growing economies are in the world in this decade are in Africa and the growing African middle class is hungry for American products and for partnerships with American companies," he said.
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He did note that the summit had, at times, touched more recent developments in Africa such as the outbreak of the Ebola virus and actions by the terrorist group Boko Haram.
Nearly 50 African heads of state are in Washington for the meetings, which featured an announcement from President Barack Obama of $33 billion in commitments aimed increasing U.S. economic ties with Africa.
Of that money, $14 billion, is coming from private sector companies, including Coca-Cola and General Electric.
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