Education is critical in advancing the development process across the African continent. The White House recently announced that it will host the White House Summit on Global Development on July 20 in Washington, D.C.
The summit will bring together development leaders, public and private sector financing partners, civil society, diplomats, and entrepreneurs to mark global progress, to date, and catalyze further development efforts.
“From the very beginning of the Administration, President Obama has defined development not as charity, but as an investment in the future security and prosperity of us all,” said National Security Advisor Susan E. Rice in a statement.
“We have successfully established new and effective approaches to development that leverage new models of financing, empower local partners, harness innovation, and measure our progress in terms of real-world results,” said Rice.
Rice noted that the Administration’s signature initiatives, including Feed the Future to Power Africa to Open Government Partnership, have contributed to reductions in poverty, malnutrition, and infant and maternal mortality, while spurring entrepreneurship and economic growth.
The National Security Advisor added that White House initiatives are increasing the number of young women in school and helping to “build more stable, accountable and inclusive societies”.
Given the importance of education in accelerating economic growth, AAI will host its Annual Awards Gala on Wednesday, September 21, in New York City under the gala theme, “Education: The Key to Africa’s Economic Growth” .
Held during the opening week of the UN General Assembly, confirmed honorees include Stephen Hayes, President and CEO of the Corporate Council on Africa (CCA) with the AAI 2016 U.S. Business Leader Award and Sunil Benimadhu, Executive Director of the Stock Exchange of Mauritius (SEM) with the AAI 2016 Distinguished Alumnus Award. Additional honorees to be confirmed.
The gala will be held on the evening of the Second US-Africa Business Forum.