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Added by on 2014-08-06

Hassan Sheikh Mohamud has a pitch. “There is no investment without risk,” the president of Somalia – a country nearly synonymous with “failed state” – told CNN’s Fred Pleitgen, in for Christiane Amanpour, on Tuesday. “In Somalia, the level of risk right now we have – some people may claim that it’s high, but it’s not. It’s a security situation that is improving. It is a state-building program that is improving. And there is a very bright future for Somalia and for the partners in Somalia.” Optimism may as well be a job requirement for the leader of Somalia – especially for one who is pitching his country to investors at the first-ever U.S.-Africa summit in Washington. When Mohamud was elected president in 2012, it was the first election the country had held on home soil in several decades.