US, African leaders discuss new investment deals at UNGA

African and US business leaders gathered at a Cavista Holdings-hosted dinner in New York to discuss deepening investment partnerships between Africa and the United States as part of the US-Africa Leadership event. The annual UN General Assembly side event focused on translating investor interest into sustainable businesses and long-term value, with discussions on infrastructure, energy, agriculture, manufacturing, technology, and critical minerals.

Notable attendees included Dr. Mokgweetsi Masisi (Botswana), Dr. Maruf Tunji Alausa (Nigeria's Minister of Education), HRH Muhammadu Sanusi II (Emir of Kano), Dr. Dauda Lawal (Governor of Zamfara State), and Dr. Kayode Fayemi (former Governor of Ekiti State and former Minister of Mines and Steel Development). The event featured insights from Cavista Holdings Chairman Niyi John Olajide, U.S. Export-Import Bank President John Jovanovic, and Africa Finance Corporation Executive Director Sameh Shenouda.

Cavista Holdings' Chairman emphasized the importance of combining African businesses' local knowledge, resources, and market access with US businesses' capital, technology, and expertise. U.S. Export-Import Bank President John Jovanovic stressed the need for early investor engagement, understanding individual markets, and building strong partnerships.

Africa Finance Corporation Executive Director Sameh Shenouda highlighted the importance of local capability in turning investment commitments into successful projects, especially given Africa's growing role in the global economy.