Over the years, Africa has positioned itself to move away from aid and grant dependence to being a business hub and a significant player in the global economy.

The US-Africa summit officially opened in Tlokweng Village, outside Gaborone, with more than 1300 delegates from the public and private sectors from both the US and African countries.

Despite being endowed with strategic natural resources, Africa accounts for only about 2% of the world's Gross Domestic Product (GDP), and this is what the US-Africa summit is seeking to address.