WASHINGTON (CBS DC) — Vice President Joe Biden spoke with business and political leaders from 51 African nations on Tuesday, but unfortunately the gaffe-prone politician referred to the entire continent as a single country.
“There is no reason the nation of African cannot, and should not, join the ranks of the world’s most prosperous nations,” Biden told leaders at the U.S.-African Business Forum in Washington. Biden assured those in attendance for the summit that “America is betting on Africa.”
“It’s never, ever been a good bet to bet against America, and America is betting on Africa. The idea, the idea and the reality are just tantalizing. The possibilities are immense. We are betting on each other,” he said. “Africa on America and America on Africa.”
Biden explained that American businesses will begin “showing up” in Africa to compete with Chinese and European businesses.
“American businesses have to show up, and they are showing up. And they are doing it in greater and greater numbers to compete alongside Indian, Chinese, European companies for African trade and investment,” he said.
President Barack Obama, detailing a new executive order establishing the President’s Advisory Council on Doing Business in Africa, said that the move will “promote broad-based economic growth and job creation in the United States and Africa by encouraging U.S. companies to trade with and invest in Africa.”