US, African leaders discuss new investment deals at UNGA

African and US business leaders convened at a Cavista Holdings dinner in New York to explore opportunities for strengthening investment ties between Africa and the United States. The event, held during the 81st United Nations General Assembly, aimed to transform investor interest into sustainable businesses and long-term value. Attendees included former Botswana President Dr. Mokgweetsi Masisi, Nigeria's Minister of Education Dr. Maruf Tunji Alausa, and Emir of Kano HRH Muhammadu Sanusi II.

The conversation centered on infrastructure, energy, agriculture, manufacturing, technology, and critical minerals as key sectors for investment. Cavista Holdings' Chairman Niyi John Olajide emphasized the importance of combining local knowledge, resources, and expertise with U.S. capital, technology, and expertise. U.S. Export-Import Bank President John Jovanovic stressed the need for investors to engage early, understand individual markets, and build strong partnerships.

Africa's Finance Corporation Executive Director and Chief Investment Officer Sameh Shenouda highlighted the importance of local capability in turning investment commitments into successful projects. Cavista Holdings, with interests in agriculture, food processing, financial services, hospitality, and technology, strives to bridge the gap between investment interest and execution by fostering relationships, local expertise, and operational capacity.