U.S.-Africa summit resets focus on burgeoning markets

Aired: 8/4/2014 | 0:10:57 | Clip
As the U.S.-Africa Leaders Summit kicks off at the White House, the Obama administration hopes to begin catching up to China, the biggest trading partner of a continent that boasts many of the world's fastest-growing economies. Michael Bloomberg, former mayor of New York, and Commerce Secretary Penny Pritzker join Judy Woodruff to discuss Africa’s economic promise and challenges.