Imagine a powerful gathering where groundbreaking women from across continents unite with a singular purpose: to build a stronger economic future. That’s exactly what happened at the inaugural Africa America Women Economic Forum (AAWEF), a pivotal event launching ZoraFest, a monthlong cultural and economic summit. This initiative, timed to commemorate America’s 250th anniversary, anchored its celebrations near Eatonville, Florida, the historic home of Zora Neale Hurston, placing women’s economic empowerment at the forefront of the American narrative.
Under the theme “Leading for Economic Impact,” trailblazing women from Africa and the United States convened on January 30th at Rollins College’s Crummer Graduate School of Business. Their mission? To forge a historic collaboration aimed at bridging the financial and leadership gap between the two continents. This powerful union was expertly guided by Dr. Zienzi Dillon, founder and CEO of Carmel Global Capital and Goodwill Ambassador for the African Union Development Agency-NEPAD to the U.S.
Expert Moderation and Strategic Vision
Dr. Dillon, with nearly four decades of experience in central banking and development finance, skillfully moderated the high-stakes dialogue. Her extensive background, including roles at the World Bank and the Federal Reserve Bank of New York, allowed her to navigate complex discussions with strategic precision. She acted as a crucial linchpin, connecting public-sector policy with private-sector investment to chart actionable, sustainable pathways for U.S.-Africa collaboration.
The forum brought together brilliant minds like Dr. Ajoritsedere Awosika, Anna McCoy, Mizinga Melu, Irene Kakooza, Dr. Diane Recinos, Happy Ralinala, and Valerie White, all contributing their unique expertise to the vital conversation.
The Mandate for Boardroom Parity
Mizinga Melu, CEO of Absa Bank Zambia, shared a powerful message: “We rise by lifting others.” As the first woman to lead Standard Chartered Bank Zambia, she spoke candidly about overcoming gender pay gaps and institutional bias. Melu emphasized the importance of preparing women for leadership roles, stating, “Our job is to train women to be board-ready so they actually won’t have an excuse. We need them to be able to say, ‘I am ready.’”
She recounted a personal experience where she discovered her male predecessor was paid more in a senior role, a situation that initially made her shy away. Years later, she advocates for immediate confrontation: “If you’re not paying me the same, you should pass.” This highlights the persistent challenges women face in achieving true pay equity.
Bridging the Capital and Policy Gap
The forum underscored the significant differences in market sizes between countries like Zambia (20 million people) and Nigeria (200 million), stressing the need for U.S. collaboration in technical assistance and financial inclusion. Anna McCoy, founder of Anna McCoy Global Venture, urged attendees to focus on infrastructure beyond just inspiration. Having raised $800 million in private equity, McCoy announced the upcoming 2026 launch of the $1M Africa Earth AI Micro-Lending Fund.
“Find the policy, girl. Find the policy,” McCoy advised, emphasizing that successful ventures are built on policy implementation. She also stressed the personal nature of impact, encouraging attendees to connect with leaders in other nations to serve, love, and care, thereby building opportunities at the highest level.
Amplifying Voices Through Storytelling
The power of storytelling in business was a key focus. Irene Kakooza, Brand Director for Range Rover USA, shared how Jaguar’s #GiveHerACrown campaign successfully elevated African fashion designers at New York Fashion Week. Kakooza explained the importance of “triple storytelling” – understanding who you are and, crucially, who you are not.
By tapping into like-minded expertise and ensuring capital meets lived experience, brands can achieve longevity. This approach allows individuals to be great versions of themselves, rather than trying to copy others, fostering authenticity and impact.
Systems of Support and Generational Wealth
Valerie White, head of National Housing Strategic Initiatives at LISC, captivated the audience with her insights on affordable housing and impact investing. Leading LISC’s $30.4 billion investment portfolio, White highlighted the critical role of community stabilization in building generational wealth. She presented Itemba, a project revitalizing local economies through intentional capital placement, as a case study.
“We are ramping up efforts to deliver more capital and community-based support to address the housing crisis,” White stated. “It is about more than just buildings; it is about creating the financial foundations where women and families can finally close long-standing wealth gaps and stabilize their local economies for the long term.”
Navigating a Complex Climate
Despite the forum’s focus on connection, the current political climate cast a shadow. One invited speaker opted for a virtual attendance, citing “the current political climate in America.” Happy Ralinala’s absence served as a stark reminder of the hurdles in international diplomacy and the safe exchange of ideas.
Ralinala, a board director at African Bank Holdings, emphasized the need for robust ecosystems for emerging entrepreneurs. She stressed the intersection of networking and capital, stating, “I am actively involved in driving the creation of platforms and opportunities for entrepreneurs to succeed.” This involves intentional knowledge sharing, strengthening global networks, and providing diverse financing options.
A Legacy of Leadership and Future Collaboration
The AAWEF follows in the legacy of figures like Zora Neale Hurston and Nigeria’s former Finance Minister, Chief Festus Okotie-Eboh. His daughter, Dr. Ajoritsedere Awosika, former chairperson of Access Bank Group, underscored the importance of collaboration: “Collaboration is the only way to strengthen the U.S.-Africa economic bridge.” She urged attendees to find answers and ask the right questions for shared success.
The forum concluded with a call for academic and corporate partnerships, particularly exploring connections between Rollins College and the University of Zambia Business School. The goal is to cultivate a new generation of “board-ready” female leaders, ensuring a brighter, more equitable economic future.
What are your thoughts on the importance of fostering economic ties between the U.S. and Africa? Share your insights in the comments below!