South African bank highlights importance of US-Africa business summit

South Africa’s Standard Bank (not to be confused with the now-unrelated UK-based Standard Chartered Bank) has highlighted the importance of the US-Africa Business Summit, which will run from Tuesday (July 11) to Friday this week. The summit will take place in Botswana, and is expected to involve some 1 000 participants from across Africa and the US, including representatives of the public and private sectors, including senior government officials, Cabinet Ministers (including from the US) and African Heads of State. “There is immense potential for stronger ties and greater mutual benefit between the world’s biggest economy and Africa,” stresses Standard Bank Group CEO Sim Tshabalala. “Achieving this will require greater levels of collaboration, access and participation, which is precisely why this summit will be so valuable.”