mmegi

US ready for Gabs summit

Headed to Gaborone: Nathan will lead the US government delegation to next month's summit (PIC CREDIT: Atlantic council. org)
Headed to Gaborone: Nathan will lead the US government delegation to next month's summit (PIC CREDIT: Atlantic council. org)

The US International Development Finance Corporation (DFC), a key American government investment agency with a $35.7 billion (P482bn) loan portfolio, will lead that country’s delegation to next month’s US-Africa Business Summit scheduled for Gaborone.

Answering questions from BusinessWeek in a briefing on Tuesday, Assistant Secretary of State in the US Department of State’s Bureau of African Affairs, Molly Phee, said DFC CEO Scott Nathan would lead the American government’s delegation to the summit.

She described the DFC as an “important arm of US economic diplomacy,” and added that the US government was “delighted” that Botswana was hosting the summit. Phee said such types of commercial diplomacy activities are “another way in which we support youth by creating economic job opportunities”.

Editor's Comment
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