US President Barack Obama
Media playback is unsupported on your device

US-Africa Summit announces $14bn investment - in 15 seconds

US companies have pledged $14bn (£8.3bn) of investment in Africa.

US President Barack Obama made the announcement at the first US-Africa Leaders' Summit, attended by more than 40 African heads of state in Washington DC. The summit is intended to strengthen US ties with Africa as China increases its African investments.

Here is the story in 15 seconds.

  • 06 Aug 2014
  • From the section Africa
Go to next video: US and Africa forge spiritual links