The first ever U.S.-Africa Leaders Summit has wrapped up. The U.S. has used the summit to foster greater trade and business ties with Africa. But critics say it’s too little, too late and that the U.S. is playing catch up with China, which holds a sizable chunk of the African economy.

U.S. President Barack Obama used the forum at the summit to say it’s time for the United States to up its game and take advantage of the fast-developing opportunities in Africa. Obama has announced plans for $14 billion worth of investments by U.S. companies in Africa.

CCTV’s Daniel Ryntjes reports from the summit.

Follow Daniel Ryntjes on Twitter @danielryntjes

CCTV also spoke to some of the African delegates at the Summit. Here’s what some of them had to say.

To discuss more about the Summit from the African perspective we were joined by James Shikwati, Founder and Director of the Inter-Region Economic Network, a think tank that helps to enhance the quality of life for people in Africa. He joined us from Kenya.

With a Chinese perspective is Dr. Yan Wang, a visiting professor at the George Washington University’s School of Business in Washington.

For more about the U.S.-Africa Leaders’ Summit we were joined by the Deputy Assistant Secretary in the Bureau of African Affairs at the U.S. State Department, Bisa Williams.

Bisa Williams on the U.S.-Africa Leaders Summit

For more about the U.S.-Africa Leaders’ Summit we were joined by the Deputy Assistant Secretary in the Bureau of African Affairs at the U.S. State Department, Bisa Williams.