Africa is surging ahead with positive economic growth and macro-economic development across the continent. New funds flowing in, innovative financing and ever-increasing foreign direct investment are all evidence of a dramatic transformation. But instability and persistent security problems could impact on this impressive progress. How to maximise Africa’s potential while grappling with its security issues […]
Following stops in Ghana and Nigeria, Secretary Pritzker Focuses on AGOA Renewal in Ethiopia AGOA is one critical tool to continue deepening trade and investment ties between the U.S. and Africa U.S. Secretary of Commerce Penny Pritzker concluded her visit to Africa with a stop in Ethiopia, where she met with President Mulatu Teshome and […]
U.S. Secretary of Commerce Penny Pritzker over the weekend rounded off her visit to Africa in Ethiopia where she said U.S. companies were looking for business opportunities across the continent. “My trip was to discuss U.S. commitment to Africa and what we can do to spur trade and investment in Ethiopia. President Barack Obama sees […]
Nigerian markets remain resilient despite much media attention on the violent actions of Boko Haram, the militant group responsible for killing more than 30 people in attacks on two villages on Wednesday and bombing in the city of Jos that killed 118 people on Tuesday. Foreign direct investment has been driving economic growth in Nigeria, […]
“Considering the low priority of Africa in China’s overall foreign strategic mapping, a disproportionate level of international attention, publicity and scrutiny is paid to China’s Africa engagement,” writes Yun Sun, in a recent John L. Thornton China Center/Africa Growth Initiative paper, “Africa in China’s Foreign Policy.” Brookings
The East African Business Council, the umbrella body of the region’s private sector, has asked governments in the five-member East African Community (EAC) to expedite implementations of the new WTO trade facilitation agreement. Council chairperson, Felix Mosha, made the appeal on Tuesday during a breakfast meeting with trade facilitation institutions and the business community in […]
Secretary of State John Kerry today urged greater U.S. investment in Africa to help develop a U.S.- Africa relationship focused more on shared opportunity and economic growth than on crisis management. “For too long, ties between the United States and Africa were largely rooted in meeting the challenges and crises of the moment,” Kerry told […]
