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Tracking Success Stories of Africa Leaders Summit in Washington

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Ramaphosa and Biden Africa Leaders Summit

By Kestér Kenn Klomegâh

Under the chairmanship of U.S. President Joe Biden, the second edition of the U.S.-Africa Leaders Summit held mid-December has practically registered significant successes. The first summit was in 2014 during the presidency of Barack Obama; the administration officials in reports have, however, acknowledged regret for the long gap.

The landmark summit offered the platform for 49 African leaders + the African Union to highlight both new and longstanding challenges and to pitch their collective expectations and aspirations in the emerging new global world.

African leaders are equally looking to voice out conveniently its development directions into the future as external forces are competing for consistent political and economic influence across Africa. The U.S. does not chart routine slogans but offers a better comparative option to African partners.

  1. Biden administration is closing up the gap. African leaders will return with a cheerful smile and great satisfaction. The White House, during the first day of arrival in Washington, announced a $55-billion commitment to Africa over the next three years across various sectors. The U.S. is sending the best technologies and innovations, attempting to maintain the highest standards in the market and further looking for direct investment in Africa, but argued that it would remain the “partner of choice” in Africa.

It was in consultation with African partners to show a new era of partnership and broad-based commitment to the critical development issues that matter most to Africa. Therefore, the United States is defining its relationship with Africa in African terms.

  1. In addition, Biden has urged that the African Union, which represents 55 African states, be given a seat in the Group of 20, an influential collection of the strongest economies in the world. South Africa is the only member of the continent. Biden has thrown his backing behind the African Union getting permanent membership in the Group of 20 during the summit, which enhances economic ties in its own right.

Even before the summit officially began, the White House announced Biden’s support for the African Union in becoming a permanent member of the Group of 20 nations and that it had appointed Johnnie Carson, a well-regarded veteran diplomat, to serve as point person for implementing initiatives that come out of the summit.

  1. The United States’ two-way trade with sub-Saharan Africa was $44.9 billion last year, a 22% increase from 2019, while foreign direct investment into the region fell by 5.3% to $30.3 billion in 2021.

In January 2021, the African Continental Free Trade Area – designed to be the world’s biggest free-trade zone by area when it kicks into full gear in 2030 – already became operational and made headways. The initiative is likely to become a key pillar in facilitating trade between the US and Africa. The bloc has a potential market of 1.3 billion people with a combined gross domestic product of $2.6 trillion.

Wamkele Mene, Secretary-General of AfCFTA, and his counterpart US Trade Representative Katherine Tai are preparing to sign a memorandum to create a platform for ongoing work. “We’ve consistently seen that there are opportunities for the program to be better – there could be much better uptake and utilization of the program,” Katherine Tai said in Washington. Asked about her vision for the evolution of the program, Tai said the United States would like to explore the “middle ground” between the current AGOA system and traditional full free trade agreements and develop new relationships that are focused on “resilience and inclusion.”

It is described as “incredibly supportive” of the continental-integration efforts and promotes trade and economic cooperation between the two regions. It is meant to assist the economies of sub-Saharan Africa and improve economic relations between the United States and Africa. With the next phase in mind, new legislation to facilitate trade offers a basis for widening overall economic ties with Africa.

Chair of the Senate Foreign Relations Subcommittee on Africa, Chris Van Hollen, and Chair of the House Foreign Affairs Subcommittee on Africa, Karen Bass, proposed legislation to increase US assistance to implement the African free-trade area. That requires developing an interagency, long-term strategy on infrastructure development and technical support to promote African continental trade. The African Growth and Opportunity Act, which expires in 2025 and also gives about three dozen African countries duty-free access to the world’s biggest economy for almost 7,000 products.

  1. Biden has signed an executive order to establish the President’s Advisory Council on African Diaspora Engagement in the United States as Washington seeks to deepen ties with the region. It will advise the president on a range of issues. African-American and African-immigrant communities will coordinate various emerging questions in government, business, social work, sports and other areas. The African Diaspora includes African Americans, descendants of enslaved Africans, and nearly 2 million African immigrants.

According to World Bank Statistics, remittance inflows to Sub-Saharan Africa soared 14.1 per cent to $49 billion in 2021, following an 8.1 per cent decline in the prior year. Beyond remittances, Africa stands to benefit from the input of its diaspora, considered the most progressive in some of the most developed countries in the world.

Ultimately, African leaders have to engage with their diaspora, excelling in sports, academia, business, science, technology, engineering and all those other significant sectors that the continent needs to beef up to optimize its potential and meet development priorities.

“African voices are essential to solving global problems. To elevate these voices, one of our primary focuses is to widen our circle of engagement to include African Diaspora communities,” Dana Banks, Special Assistant to the President and Special Adviser for the U.S.-Africa Leaders Summit, said. “It will advise the President on a wide range of issues, enhance the dialogue between U.S. officials and the African Diaspora, and strengthen cultural, social, political, and economic ties between African communities, the global African Diaspora, and the United States.”

  1. Deputy Treasury Secretary Wally Adeyemo sounded the alarm about petering private investment in the middle- and low-income countries, particularly in Africa. The infrastructure finance gap, or money needed for essential projects like lighting homes and businesses, responding to the coronavirus pandemic and to making communities resilient against extreme weather, sits at $68 billion to $108 billion per year, Adeyemo said.

At the same time, Adeyemo lamented that huge amounts of private capital among wealthy nations around the globe remain untapped. “There is a clear disconnect between a large amount of available private sector capital and the urgent need to fund critical infrastructure projects in Africa and elsewhere. The question for us is: how do we connect this massive supply of savings with high-quality infrastructure projects in Africa?” Adeyemo said at the U.S. Trade and Development Agency.

Trade between the U.S. and sub-Saharan Africa was $44.9 billion last year, a 22% increase from 2019. But foreign direct investment into the region fell by 5.3% to $30.31 billion in 2021. According to reports, trade between Africa and China last year surged to $254 billion last year, up about 35% as Chinese exports increased on the continent.

Ahead of the symbolic gatherings, Witney Schneidman, Deputy Assistant Secretary of State for African Affairs during the Clinton administration, said focusing on China and Russia would distract from the more important topic of U.S. private sector investment.

The simple fact is that African leaders arriving in the U.S. capital are clamouring for more U.S. business in the region, he said, were a glaring gap has led to the U.S. ceding Africa not just to China but also to the European Union, India, Turkey and other countries that have invested in the region in recent years.

According to reports, the summit was to “really highlight how the United States and African partners are strengthening partnerships and advancing shared priorities and indicate a reflection of the U.S. strategy towards sub-Saharan Africa and the African Union’s Agenda 2063, both of which emphasize the critical importance of the region in meeting this era’s defining challenges.”

The irreversible fact is that the United States is broadening its engagement and partnership, reviewing institutional capacity and strategic approach towards offering a comprehensive relationship based on mutual respect and values, while African leaders are also pushing for advancing efforts at achieving Sustainable Development Goals (SDGs) and the Agenda 2063 of the African Union.

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Today’s Generation of Entrepreneurs Value Flexibility, Autonomy—McNeal-Weary

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Tonya McNeal-Weary Today's Generation of Entrepreneurs

By Kestér Kenn Klomegâh

The Young African Leaders Initiative (YALI) is the United States’ signature step to invest in the next generation of African leaders. Since its establishment in 2010 by Obama administration, YALI has offered diverse opportunities, including academic training in leadership, governance skills, organizational development and entrepreneurship, and has connected with thousands of young leaders across Africa. This United States’ policy collaboration benefits both America and Africa by creating stronger partnerships, enhancing mutual prosperity, and ensuring a more stable environment.

In our conversation, Tonya McNeal-Weary, Managing Director at IBS Global Consulting, Inc., Global Headquarters in Detroit, Michigan, has endeavored to discuss, thoroughly, today’s generation of entrepreneurs and also building partnerships as a foundation for driving positive change and innovation in the global marketplace. Here are the excerpts of her conversation:

How would you describe today’s generation of entrepreneurs?

I would describe today’s generation of entrepreneurs as having a digital-first mindset and a fundamental belief that business success and social impact can coexist. Unlike the entrepreneurs before them, they’ve grown up with the internet as a given, enabling them to build global businesses from their laptops and think beyond geographic constraints from day one. They value flexibility and autonomy, often rejecting traditional corporate ladders in favor of building something meaningful on their own terms, even if it means embracing uncertainty and financial risk that previous generations might have avoided.

And those representing the Young African Leaders Initiative, who attended your webinar presentation late January 2026?

The entrepreneurs representing the Young African Leaders Initiative are redefining entrepreneurship on the continent by leveraging their unique perspectives, cultural heritage, and experiences. Their ability to innovate within local contexts while connecting to global opportunities exemplifies how the new wave of entrepreneurs is not confined by geography or conventional expectations.

What were the main issues that formed your ‘lecture’ with them, Young African Leaders Initiative?

The main issues that formed my lecture for the Young African Leaders Initiative were driven by understanding the importance of building successful partnerships when expanding into the United States or any foreign market. During my lecture, I emphasized that forming strategic alliances can help entrepreneurs navigate unfamiliar business environments, access new resources, and foster long-term growth. By understanding how to establish strong and effective partnerships, emerging leaders can position their businesses for sustainable success in global markets. I also discussed the critical factors that contribute to successful partnerships, such as establishing clear communication channels, aligning on shared goals, and cultivating trust between all parties involved. Entrepreneurs must be proactive in seeking out partners who complement their strengths and fill gaps in expertise or resources. It is equally important to conduct thorough due diligence to ensure that potential collaborators share similar values and ethical standards. Ultimately, the seminar aimed to empower YALI entrepreneurs with practical insights and actionable strategies for forging meaningful connections across borders. Building successful partnerships is not only a pathway to business growth but also a foundation for driving positive change and innovation in the global marketplace.

What makes a ‘leader’ today, particularly, in the context of the emerging global business architecture?

In my opinion, a leader in today’s emerging global business architecture must navigate complexity and ambiguity with a fundamentally different skill set than what was previously required. Where traditional leadership emphasized command-and-control and singular vision, contemporary leaders succeed through adaptive thinking and collaborative influence across decentralized networks. Furthermore, emotional intelligence has evolved from a soft skill to a strategic imperative. Today, the effective modern leader must possess deep cross-cultural intelligence, understanding that global business is no longer about exporting one model worldwide but about genuinely integrating diverse perspectives and adapting to local contexts while maintaining coherent values.

Does multinational culture play in its (leadership) formation?

I believe multinational culture plays a profound and arguably essential role in forming the kind of leadership required in today’s global business environment. Leaders who have lived, worked, or deeply engaged across multiple cultural contexts develop a cognitive flexibility that’s difficult to replicate through reading or training alone. More importantly, multinational exposure tends to dismantle the unconscious certainty that one’s own way of doing things is inherently “normal” or “best.” Leaders shaped in multicultural environments often develop a productive discomfort with absolutes; they become more adept at asking questions, seeking input, and recognizing blind spots. This humility and curiosity become strategic assets when building global teams, entering new markets, or navigating geopolitical complexity. However, it’s worth noting that multinational experience alone doesn’t automatically create great leaders. What matters is the depth and quality of cross-cultural engagement, not just the passport stamps. The formation of global leadership is less about where someone has been and more about whether they’ve developed the capacity to see beyond their own cultural lens and genuinely value differences as a source of insight rather than merely tolerating them as an obstacle to overcome.

In the context of heightening geopolitical situation, and with Africa, what would you say, in terms of, people-to-people interaction?

People-to-people interaction is critically important in the African business context, particularly as geopolitical competition intensifies on the continent. In this crowded and often transactional landscape, the depth and authenticity of human relationships can determine whether a business venture succeeds or fails. I spoke on this during my presentation. When business leaders take the time for face-to-face meetings, invest in understanding local priorities rather than imposing external agendas, and build relationships beyond the immediate transaction, they signal a different kind of partnership. The heightened geopolitical situation actually makes this human dimension more vital, not less. As competition increases and narratives clash about whose model of development is best, the businesses and nations that succeed in Africa will likely be those that invest in relationships characterized by reciprocity, respect, and long-term commitment rather than those pursuing quick wins.

How important is it for creating public perception and approach to today’s business?

Interaction between individuals is crucial for shaping public perception, as it influences views in ways that formal communications cannot. We live in a society where word-of-mouth, community networks, and social trust areincredibly important. As a result, a business leader’s behavior in personal interactions, their respect for local customs, their willingness to listen, and their follow-through on commitments have a far-reaching impact that extends well beyond the immediate meeting. The geopolitical dimension amplifies this importance because African nations now have choices. They’re no longer dependent on any single partner and can compare approaches to business.

From the above discussions, how would you describe global business in relation to Africa? Is it directed at creating diverse import dependency?

While it would be too simplistic to say global business is uniformly directed at creating import dependency, the structural patterns that have emerged often produce exactly that outcome, whether by design or as a consequence of how global capital seeks returns. Global financial institutions and trade agreements have historically encouraged African nations to focus on their “comparative advantages” in primary commodities rather than industrial development. The critical question is whether global business can engage with Africa in ways that build productive capacity, transfer technology, develop local talent, and enable countries to manufacture for themselves and for export—or whether the economic incentives and power irregularities make this structurally unlikely without deliberate policy intervention.

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Russia Expands Military-Technical Cooperation With African Partners

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Military-Technical Cooperation

By Kestér Kenn Klomegâh

Despite geopolitical complexities, tensions and pressure, Russia’s military arms and weaponry sales earned approximately $15 billion at the closure of 2025, according to Kremlin report. At the regular session, chaired by Russian President Vladimir Putin on Jan. 30, the Commission on Military and Technical Cooperation with Foreign Countries analyzed the results of its work for 2025, and defined plans for the future.

It was noted that the system of military-technical cooperation continued to operate in difficult conditions, and with increased pressure from the Western countries to block business relations with Russia. The meeting, however, admitted that export contracts have generally performed sustainably. Russian military products were exported to more than 30 countries last year, and the amount of foreign exchange exceeded $15 billion.

Such results provide an additional opportunity to direct funds to the modernization of OPC enterprises, to the expansion of their production capacities, and to advanced research. It is also important that at these enterprises a significant volume of products is civilian products.

The Russian system of military-technical cooperation has not only demonstrated effectiveness and high resilience, but has created fundamental structures, which allow to significantly expand the “geography” of supplies of products of military purpose and, thus strengthen the position of Russia’s leader and employer advanced weapons systems – proven, tested in real combat conditions.

Thanks to the employees of the Federal Service for Military Technical Cooperation and Rosoboronexport, the staff of OPC enterprises for their good faith. Within the framework of the new federal project “Development of military-technical cooperation of Russia with foreign countries” for the period 2026-2028, additional measures of support are introduced. Further effective use of existing financial and other support mechanisms and instruments is extremely important because the volumes of military exports in accordance with the 2026 plan.

Special attention would be paid to the expansion of military-technological cooperation and partnerships, with 14 states already implementing or in development more than 340 such projects.

Future plans will allow to improve the characteristics of existing weapons and equipment and to develop new promising models, including those in demand on global markets, among other issues – the development of strategic areas of military-technical cooperation, and above all, with partners on the CIS and the CSTO. This is one of the priority tasks to strengthen both bilateral and multilateral relations, ensuring stability and security in Eurasia.

From January 2026, Russia chairs the CSTO, and this requires working systematically with partners, including comprehensive approaches to expanding military-technical relations. New prospects open up for deepening military-technical cooperation and with countries in other regions, including with states on the African continent. Russia has been historically strong and trusting relationships with African countries. In different years even the USSR, and then Russia supplied African countries with a significant amount of weapons and military equipment, trained specialists on their production, operation, repair, as well as military personnel.

Today, despite pressure from the West, African partners express readiness to expand relations with Russia in the military and military-technical fields. It is not only about increasing supplies of Russian military exports, but also about the purchase of other weapons, other materials and products. Russia has undertaken comprehensive maintenance of previously delivered equipment, organization of licensed production of Russian military products and some other important issues. In general, African countries are sufficient for consideration today.

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Trump Picks Kevin Warsh to Succeed Jerome Powell as Federal Reserve Chair

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Kevin Warsh

By Adedapo Adesanya

President Donald Trump has named Mr Kevin Warsh as the successor to Mr Jerome Powell as the Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank.

The decision culminates a process that officially began last summer but started much earlier than that, with President Trump launching a criticism against the Powell-led US central bank almost since he took the job in 2018.

“I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” Mr Trump said in a Truth Social post announcing the selection.

US analysts noted that the 55-year old appear not to ripple market because of his previous experience at the apex bank as Governor, with others saying he wouldn’t always do the bidding of the American president.

If approved by the US Senate, Mr Warsh will take over the position in May, when Mr Powell’s term expires.

Despite having argued for reductions recently, “Warsh has a long hawkish history that markets have not forgotten,” one analyst told Bloomberg.

President Trump has castigated Mr Powell for not lowering interest rates more quickly. His administration also launched a criminal investigation of Powell and the Federal Reserve earlier this month, which led Mr Powell to issue an extraordinary rebuke of President Trump’s efforts to politicize the independent central bank.

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