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Home Business

15th USA-Africa Business Summit slated for July

By Frank Atiase

Myliberty Media by Myliberty Media
February 6, 2023
in Business, Headlines, World
Reading Time: 2 mins read
USA-Africa Business Summit

USA-Africa Business Summit

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Washington, Feb. 6, MNN – President Mokgweetsi Masisi, of the Republic of Botswana, has reiterated his Government’s commitment to successfully co-hosting the 15th U.S.-Africa Business Summit (USABS) in Botswana slated for July 11th to 14th.

President Masisi noted that key Cabinet officials were ready to mobilize their ministries and work collaboratively with Corporate Council on Africa (CCA) and the private sector to organize a highly successful Summit.

The Botswana President reaffirmed the commitment during a visit to Gaborone, Botswana, CCA President Florizelle “Florie” Liser.

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The U.S.-Africa Business Summit is the CCA’s premier annual event, bringing together African heads of state, senior U.S. and African government officials, and top Chief Executive Officers and senior business executives from the U.S. and Africa spanning major business sectors that are critical to the continent’s development.

These include infrastructure, ICT / digital, health, energy, mining, agriculture, consumer goods, finance, tourism and creative industries.

Ms. Liser and Mmusi Kgafela, Botswana Minister of Investment, Trade, and Industry, jointly confirmed July 11-14, 2023 as the date for the summit in Gaborone and signed an agreement between CCA and the Government of Botswana.

She stated that “the U.S.-Africa Business Summit is an important platform and opportunity to again bring together U.S. and African government and private sector leaders to grow U.S.-Africa trade, business, and mutually beneficial gains for the people and businesses of both the United States and Africa.”

On behalf of the government of Botswana, Mmusi Kgafela said, “We look forward to working with our partners at the CCA to herald a new era of two-way trade and investment between Africa and the United States.

“We welcome U.S. private sector businesses to drive investment and technology that can enhance Africa’s role in key global value chains, create jobs, and spur economic growth here in Botswana and across the continent.”

The 15th USABS on the theme: “Enhancing Africa’s Value in Global Value Chains” highlights an issue that was heavily discussed during the U.S. – Africa Business Forum, hosted by President Joseph R. Biden on the second day of the U.S.-Africa Leaders Summit in Washington, DC in December 2022.

During the Forum, President Biden announced more than $55 billion in new U.S. government programmes to support trade, investment and development in Africa along with more than $15 billion in new trade and investment deals made by private sector companies that were in attendance.

CCA was proud to have co-organized the U.S.-Africa Business Forum which highlighted opportunities for greater collaboration between the U.S. and African private sector.

This year’s CCA Summit will build on and advance those discussions, further deepening U.S.-Africa economic engagement and business ties.

Corporate Council on Africa is the leading U.S. business association focused solely on connecting business interests between the United States and Africa.

CCA uniquely represents a broad cross-section of member companies from small and medium-sized businesses to multinationals as well as U.S. and African firms.

 

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