World
Gearing Up for mid-December White House’s African Leaders Summit
By Kestér Kenn Klomegâh
As the White House gears up for the mid-December African Leaders Summit, several reports indicated that a few African countries might not attend. U.S. President Joe Biden plans to hold an African leaders’ gathering in Washington as a further major step to strengthen geopolitical dialogue and multifaceted relations between the United States and Africa.
The White House National Security Council in November told Today News Africa the criteria for inviting African governments to attend the U.S.-Africa Leaders Summit scheduled for December 13-15. While the primary goal is to host a broadly inclusive gathering of high-powered delegations from across the African continent, a number of African countries were blacklisted.
In a statement, four countries were not invited because they were suspended by the African Union (AU) following military coups and counter-coups. Currently, four countries – Burkina Faso, Guinea, Sudan, and Mali – are suspended by the AU and were not invited. All four countries not invited are currently run by strong men who took political power with guns. The United States recognizes most African nations, except a few like Western Sahara.
According to reports monitored by this author, the U.S.-African summit will discuss the emerging global order and changing geopolitical and economic issues and will also offer enormous funds for various development projects as well as for good governance and human rights. Under the plan, Washington says the summit will focus on existing challenges, especially those relating to peace and security, food security to climate change and poverty alleviation directions across Africa.
The high-level dialogue is expected to set the scene for reviewing the opportunities for the United States and corporate leaders from various African public and private sectors and review thoroughly how to strengthen the economic partnership between the United States and Africa.
That U.S.-Africa summit “will demonstrate the United States enduring commitment to Africa and will underscore the importance of U.S.-Africa relations and increased cooperation on shared global priorities. Africa will shape the future – not just the future of the African people, but of the world. Africa will make the difference in tackling the most urgent challenges and seizing the opportunities we all face,” according to a statement from Biden Administration.
Washington considers the United States’ collaboration with leaders from African governments, civil society, the private sector, and the African diaspora would help tackle some of the existing and future challenges, especially in efforts to offer billions of dollars for various development projects, including building badly needed infrastructure and support energy security for the population.
In terms of broadening trade and economic cooperation, according to our monitoring sources, African leaders would be required to bring huge delegations for special sessions during the mid-December summit. Together with their potential American investors would examine ways for exploring and leveraging the African Continental Free Trade Area (AfCFTA).
The AfCFTA aims to create a single market with an estimated population of 1.3 billion population and ultimately requires all kinds of business services and consumable products. Quite challenging, though, but there are new legislations that stipulate localizing production and distribution inside Africa.
The United States government and private sector leaders, together with African political and corporate business leaders, have been consistently working over these years to share insights on critical issues and policies influencing the US-Africa economic partnership.
The U.S. Agency for International Development would be working closely with African institutions and organizations; it would be working closely on the participation of Africans. During these past months, USAID has provided approximately $1.3 billion in aid to the Horn of Africa. Ethiopia, Kenya and Somalia are listed as beneficiaries to help stave off mass starvation and deaths in the drought-stricken region of Africa.
Further to that, Dana Banks, White House Senior Director for Africa, said the White House administration has been pushing for the Prosper Africa Build Together Campaign that would drive billions of dollars of investment in Africa. Summit details will soon be announced further detailed information, according to Washington and the Corporate Council on Africa (CCA).
In August, on her African trip, U.S. Ambassador to the United Nations Linda Thomas-Greenfield said the long-planned trip is not part of global competition with either of America’s rivals, but it is part of a series of high-level U.S. engagements “that aim to affirm and strengthen our partnerships and relationships with African leaders and people.”
Her trip from Aug. 4-7 was followed immediately by U.S. Secretary of State Antony Blinken’s visits to South Africa, Congo and Rwanda from Aug. 7-11. “We’re not catching up. They are catching up,” Thomas-Greenfield said. “We have been engaging with this continent for decades, and even my own career is very much evidence of that.”
Thomas-Greenfield first went to Africa as a student in the 1970s, and in her career as a U.S. diplomat, she rose to be Assistant Secretary of State for African Affairs from 2013 to 2017. Many American corporate business leaders have visited and invested significantly in various sectors in Africa.
The Bill & Melinda Gates Foundation has made a resonating announcement that the foundation will spend $7 billion over the next four years to improve health, gender equality and agriculture across Africa. Strengthening and supporting these sectors have become necessary due to increasing complaints about lack of funds and, worse, due to the negative impact of geopolitical changes.
It will further continue to invest in researchers, entrepreneurs, innovators and healthcare workers who are working to unlock the tremendous human potential that exists across the continent, according to the statement, noting that the Russia-Ukraine crisis was reducing the amount of aid flowing to the continent and created global instability. It appeals to global leaders to step up their commitment to finding solutions to multiple problems in African countries.
Noteworthy to reiterate here that President Biden has held several summits since his inauguration in January 2021. For instance, on December 9-10, 2021, President Biden held the first of two Summits for Democracy, which brought together leaders from government, civil society, and the private sector in a shared effort to set forth “an affirmative agenda for democratic renewal and to tackle the greatest threats faced by democracies today through collective action.”
Now the U.S.-Africa Leaders Summit comes just a few months after Secretary of State Antony J. Blinken unveiled the new U.S. policy for Africa in South Africa in August. The new policy says that the United States will pursue four main objectives in Africa. The four objectives of the new strategy are fostering openness and open societies, delivering democratic and security dividends, advancing pandemic recovery and economic opportunities, and supporting conservation, climate adaptation and a just energy transition.
The new strategy begins by acknowledging that “Sub-Saharan Africa plays a critical role in advancing global priorities to the benefit of Africans and Americans” and that it “has one of the world’s fastest-growing populations, largest free trade areas, most diverse ecosystems, and one of the largest regional voting groups in the United Nations (UN).”
To realize its ‘openness and open societies’ objective, the U.S. will promote government transparency and accountability, increase the U.S. focus on the rule of law, justice, and dignity, and assist African countries to more transparently leverage their natural resources for sustainable development.
For democracy and security dividends, the United States will focus on “working with allies and regional partners to stem the recent tide of authoritarianism and military takeovers, backing civil society, empowering marginalized groups, centring the voices of women and youth, and defending free and fair elections, improving the capacity of African partners to advance regional stability and security and reducing the threat from terrorist groups to the United States Homeland, persons, and diplomatic and military facilities.”
The mid-December Summit has already gained wide popularity among African leaders and, for the second time, will be the biggest U.S.-Africa gathering in Washington since former President Barack Obama hosted African leaders in 2014.
In addition, Obama also started the Young African Leaders Initiative (YALI), which brings every year a group of young Africans to the White House. Until today, YALI continues to run various educational and training programmes, including seminars for Africans. The Times Higher Education index indicated that approximately 43,000 Africans have currently enrolled on and are studying in American universities.
Angolan President, João Lourenço, in an interview with Hariana Veras, White House correspondent, praised President Joseph R. Biden Jr. for hosting the U.S.-Africa Leaders’ Summit, saying that it will help create a win-win partnership between the United States and Africa, accelerating industrialization, increase direct foreign investment and further cement the already good collaboration between Angola and the United States.
According to that report, he pointed to the assertiveness of the Biden administration’s focus on trade and investment in Africa, highlighted America’s commitment to Africa’s security, its democratic development, and its people, as well as emphasize the depth and breadth of the United States commitment to the African continent.
The Angolan leader advised that the Russian and Ukraine war should open the eyes of advanced countries to lead efforts in increasing investment in more alternative energy sources besides the traditionally used energy sources. As the Russia-Ukraine war rages in Europe and its ramifications are extended to other parts of the world, including in Africa, Lourenço called for increased food production and investment in African nations, saying that the global food crisis has badly affected Africa.
Despite some negative criticisms, African leaders continue sourcing different kinds of economic assistance and support provided by the United States. The African leaders are mostly western-oriented, admire its never-failing practical soft-power play, and, in turn, maintain long-term geopolitical interest with the West. The United States has political, economic and cultural ties with independent African countries.
World
From Conviction To Execution: LEAD Launches Its Second Cohort In Rabat
By Kestér Kenn Klomegâh
One year after launching a continental initiative designed to make excellence in public governance the foundation of a new drive to transform Africa, LEAD, the Africa CEO Forum’s pan-African leadership programme, takes stock of its first cohort and announces the launch of its second class. Built around a community of senior public decision-makers committed to modernising the state and to the continent’s digital transformation, this new cohort gathers for three days, from 28 to 30 August 2026, on the campus of Mohammed VI Polytechnic University (UM6P) in Rabat, Morocco.
A second cohort that confirms the programme’s durability
For its second class, LEAD brings together 50 fellows, senior public decision-makers engaged in the design and implementation of the continent’s economic and social policies. Over three days, participants take part in collective and collaborative working sessions, peer exchanges and meetings with figures from the public, business and academic spheres, in order to compare their practices and build shared responses to the major challenges of governance.
Speakers include Mehdi Jomaa, former Head of Government of Tunisia, Donald Kaberuka, Managing Partner & Founder, SouthBridge Group, and former President of the African Development Bank, Serge Ekue, President of the West African Development Bank (BOAD), Sanjay Jain, co-creator of India Stack and Director of Digital Public Infrastructure, Gates Foundation, and Mauricio Cardenas, Professor of Professional Practice in Global Leadership, Columbia SIPA, and former Finance Minister of Colombia (2012-2018).
They share their reform experience, their public policy trade-offs and their view of continental priorities. Throughout the programme, the cohort benefits from the dedicated support of Mohammed VI Polytechnic University, Asafo & Co, BOAD, BCG and the African Development Bank, LEAD partners that have chosen to invest in the transformation of African public action.
LEAD, a pan-African community serving public action
Created by the AFRICA CEO FORUM, LEAD is a leadership programme whose ambition is to reposition Africa’s administrative elite as a driver of reform, of performance and of dialogue with all the continent’s stakeholders.
Designed for senior African public decision-makers, LEAD sets out to build a lasting community of public officials able to share their experience, compare their practices and build common solutions to the major economic, technological and institutional transformations under way in Africa. That community is structured around three pillars: modernizing the state, improving public services, and strengthening cooperation between governments, development institutions and private-sector players.
From fellows to alumni: a long-term initiative
Made up of 36 fellows drawn from a range of administrations and institutions and representing 24 countries across the continent, LEAD’s first cohort demonstrated the quality and the potential of this community from its very first year. In less than twelve months, six of its members have taken a significant step forward: two have been appointed ministers, two have moved into strategic positions at the highest level of the state and two have been promoted to chief executive roles. These moves, which account for 16.7% of the first class, show the role LEAD plays as an accelerator of impact within African administrations.
By bringing together a new cohort of fellows every year, each of them joining the LEAD alumni community, the initiative follows a long-term trajectory: in time, to unite several hundred African public decision-makers around a shared culture of transparency, performance and regional cooperation.
A first year devoted to public service and digital public infrastructure
Throughout the year, the fellows devoted their work to strengthening African public action, to make excellence in public governance a central lever of transformation. An awareness campaign, run as part of Africa Public Service Day, brought to light those who, within the continent’s administrations and institutions, are concretely transforming public policy and improving the services offered to citizens.
Members of the cohort also took part in a special round table held in Kigali during the ACF 2026, in order to carry their thinking to a wider community of public and private leaders. That forum reinforced LEAD’s role as a platform for dialogue between the administrative elite and the continent’s economic players. Digital public infrastructure (DPI) formed the main thread of this first year of work.
Discussions covered issues at the heart of the digital sovereignty of African states: digital identity, payments, secure data exchange, interoperability, governance and the protection of citizens. This work examined the conditions under which African states are developing, in some cases, and can develop, in others, shared, open infrastructure robust enough to improve the quality of public services while supporting local innovation and preserving the capacity of public authorities to set the rules of the game.
A white paper to move from consuming technology to creating value
This year of work concludes with the publication, in collaboration with BCG, LEAD’s Knowledge Partner, of a white paper on Africa’s place in the digital economy and in artificial intelligence. With the digital economy still accounting for around 5% of African GDP, against close to 15% worldwide, the paper calls on the continent to shift from a logic of technology consumption to one of value creation.
The white paper identifies three structuring priorities for African public actors:
- Building shared digital infrastructure that serves as the backbone of public services and private innovation.
- Pooling investment in order to reach critical mass and avoid the fragmentation of efforts across the continent.
- Favouring open and interoperable architectures, with trust and governance built in by design, so as to protect citizens while stimulating the entrepreneurial ecosystem.
The white paper is available here to all public decision-makers, technical partners and institutions concerned.
“LEAD’s first cohort confirms a simple conviction: Africa already has the women and men capable of profoundly transforming public action. Our responsibility, either with our partners, is to give them, at pan-African level, a space in which to compare experience, build common solutions and bring forward a new generation of public policy. With this second cohort, we want to accelerate the move from ambition to execution, in particular on digital public infrastructure and artificial intelligence, two decisive issues for sovereignty, for the effectiveness of the state and for value creation across the continent,” says Amir Ben Yahmed, President of the Africa CEO Forum.
World
Global Leaders Head to Addis Ababa for First World Public Summit in Africa
By Kestér Kenn Klomegâh
Africa is set to make history as it hosts the World Public Summit for the first time, with Addis Ababa, Ethiopia, welcoming global leaders and changemakers from July 29–30, 2026, for the landmark gathering under the theme “New World: Africa in Shaping a Shared Future.”
The inaugural African edition of the World Public Summit marks a significant milestone in the continent’s growing role in shaping international dialogue on governance, sustainable development, human-centred leadership and global cooperation.
Hosted by the World Peoples Assembly in partnership with African and international organisations, the summit will convene government officials, diplomats, business leaders, academics, journalists, youth representatives, civil society organisations and cultural leaders from across Africa and around the world.
According to Andrey Belyaninov, General Secretary of the World Peoples Assembly, “the Summit is not just a meeting—it is a space for unity. A space where the ‘values that unite us’ come to life: respect for people, openness to the world, responsibility for the future, and a commitment to creation.
“Today, we understand more clearly than ever: the future cannot be built alone. It is born in dialogue, in trust, in the ability to listen to one another and to act together.”
The programme begins on July 29 with a series of high-level roundtables and expert discussions covering Pan-African economic integration, civil society, education, scientific cooperation, cultural diplomacy and humanitarian partnerships.
The opening plenary, “Values, Development and Partnership as the Basis of a Sustainable and Just World,” will explore how African values—including Ubuntu—can help shape a more inclusive and sustainable global future. Discussions will also focus on youth leadership, innovation, civil society, ethical AI, public initiatives and international partnerships.
The summit will also showcase Africa’s creativity and innovation through the “Innovations for the Future” exhibition, the contemporary African art exhibition “Unity,” and the international exhibition “The World Paints Happiness.”
Another featured initiative is “The Zambezi River: Economy, Society, Soul,” an international interdisciplinary project exploring the river’s socioeconomic importance across Angola, Botswana, Mozambique, Namibia, Zambia and Zimbabwe, highlighting the shared heritage and development potential of one of Africa’s most important waterways.
The event will conclude with the adoption of the African Communiqué, reflecting the summit’s shared vision for stronger international cooperation, sustainable development and people-centred leadership.
Tsegaye Chama, General Secretary of the Global Black Centre, promised that, “The Summit will be delivered with exceptional distinction, reflecting the magnitude and spirit of the World Peoples Assembly. It embodies a unity that is not transactional, but purposeful and conscious, a unity that shapes new contours for a world that works for all peoples of the World.”
As delegates prepare to arrive in Addis Ababa, anticipation continues to build for what promises to be one of Africa’s most significant international gatherings of 2026—one that will place the continent firmly at the centre of global conversations about the future.
World
Nigeria Leads Africa in Equity Funding as Startup Investment Hits $254m in H1 2026
By Adedapo Adesanya
Nigeria regained its position as Africa’s leading destination for equity startup investment in the first half of 2026, raising $214 million in equity financing and a total of $254 million across equity and debt, according to the latest Africa: The Big Deal report.
The report, titled H1 2026: Mapping the Money, showed that Nigeria ranked second on the continent in total funding, behind Egypt, which attracted $327 million, while Kenya and South Africa followed with $126 million and $83 million, respectively.
However, the report noted that Egypt’s top position was largely driven by a single fundraising by electric mobility company Spiro, which secured $327 million, including $270 million in equity and $57 million in debt. Excluding debt financing, Nigeria emerged as Africa’s largest equity funding market in the first six months of the year.
According to the breakdown by Africa: The Big Deal, Nigeria’s equity funding of $214 million was higher than Egypt’s $183 million, while South Africa and Kenya attracted $66 million and $46 million, respectively.
Beyond funding value, Nigeria also led the continent in the number of startups that raised at least $100,000 during the review period, reclaiming the top spot after what the report described as an “underwhelming” second half of 2025.
The publication observed that Nigeria’s fundraising performance has remained relatively stable over the past few years and exceeded the $250 million mark for the first time since 2022, pointing to renewed investor confidence in the country’s startup ecosystem.
It also found that while the Big Four startup markets—Nigeria, Egypt, Kenya and South Africa—continued to dominate Africa’s investment landscape, their combined share of total funding stood at 58 per cent in the first half of 2026.
“Zooming back on the Big Four (110 out of 190 $100k+ deals, i.e. 58%), Nigeria is head and shoulders above its peers, with Egypt and Kenya almost tying, and South Africa in fourth position again,” the report noted.
The report highlighted contrasting performances among the continent’s largest startup ecosystems. While Nigeria and Egypt maintained strong funding momentum, Kenya recorded its weakest funding performance since early 2021 after a strong second half of 2025, and South Africa failed to attract $100 million in funding during the period despite leading the continent a year earlier.
Africa: The Big Deal also noted a broader shift in investor behaviour, with funding increasingly concentrated in larger transactions while early-stage investments continued to decline. According to the publication, the drop in smaller funding rounds reflects growing concerns about limited capital available for early-stage startups across Africa.



