President Obama has thrown his hat in the ring for the role of - TopicsExpress

President Obama has thrown his hat in the ring for the role of Black continent’s major investor and tutor inviting 50 African leaders for an unprecedented US-Africa summit. Obama’s biggest African initiative is seen as an attempt to outsmart China which has secured leading position on the continent with its multi-million investments. Chinese model is not actually the most perfect right now. It is a model that doesn’t respect the local specificities, it is not into a sustainability, said Amine Laghidi, General Manager for Africa North Star Group. On the other side, the scale of the American multinationalism is so big, that it doesn’t allow them to have specific strategies for each country, for each region, he added. In his opinion, the idea is about finding a common element, which is one to all of Africa. Follow the link to read more and listen to experts opinions on VRs Red Line program:

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