Investing in Africa

By Brian Mooar

Published 08/05 2014 04:06PM

Updated 08/05 2014 04:11PM

(NBC News) President Obama took part Tuesday in the largest-ever event between an American leader and African heads of state centering on business and investment.

The president announced that American businesses are investing $14 billion in everything from infrastructure to information technology betting on Africa's growing economies and their future success.

"We have to do better, much better. I want Africans buying more American products, I want Americans buying more African products," said President Obama

The president is leading a conversation about a continent where starvation, disease and disorder compete with enormous and largely untapped economic potential.

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