African and US business leaders, investors, policymakers and development finance stakeholders gathered in New York to discuss practical ways of deepening investment ties between Africa and the United States.
The discussions took place at the annual US-Africa Leadership Dinner hosted by Cavista Holdings on the sidelines of the 81st United Nations General Assembly.
According to a statement released by Cavista Holdings, the event focused on turning growing investor interest in Africa into sustainable businesses and long-term value.
Participants examined opportunities and challenges in infrastructure, energy, agriculture, manufacturing, technology and critical minerals.
Notable attendees included former Botswana President Mokgweetsi Masisi, Nigeria’s Minister of Education Dr Tunji Alausa, the Emir of Kano Muhammadu Sanusi II, Zamfara State Governor Dauda Lawal, and former Ekiti State Governor Kayode Fayemi.
Key speakers included Cavista Holdings Chairman Niyi John Olajide, US Export-Import Bank President and Chairman John Jovanovic, and Africa Finance Corporation Executive Director and Chief Investment Officer Sameh Shenouda.
Olajide emphasised that successful investment would depend on strong partnerships. He noted that African businesses could offer local knowledge, resources, talent and market access, while US counterparts could provide capital, technology and expertise.
Combined with good governance and a long-term approach, these strengths could help convert Africa’s potential into lasting enterprises.
Jovanovic stressed the need for investors to engage early, understand individual markets and build the right partnerships.
He said the US Export-Import Bank’s role is to facilitate such collaborations and attract more private capital while supporting American companies seeking African opportunities.
Shenouda highlighted that Africa’s rising global economic role requires more than capital. Investors also need local knowledge and the ability to navigate diverse markets and execute projects effectively.
Cavista Holdings, which has interests in agriculture, food processing, financial services, hospitality and technology across several countries, said the dinner forms part of its broader effort to bridge the gap between investment interest and actual project execution in Africa.
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