The U.S. can’t afford to ignore investment and trade with Africa now that countries like China and India are increasingly investing in African countries. Witney Schneidman argues that the U.S. must extend the African Growth and Opportunity Act beyond its 2015 expiration and proposes some new initiatives to help American firms do more business across […]
Key Facts
West Africa: EU Approves 6.5 Billion Euros for Trade in West Africa, Liberia Inclusive
The European Union Delegation to Liberia has announced the decision of the European Council to provide at least 6.5 billion euros for the Economic Partnership Agreement Development Program (PAPED) for West Africa during the period 2015 – 2020. All Africa
Rwanda reaches for new economic model
KIGALI, Rwanda — On the 12th floor of the Kigali City Tower, a modern blue-glass office building on the side of one of this capital’s famous hills, the latest endeavor in the effort to transform a tiny rural economy into a financial and high-tech hub is trying to find its footing. New York Times
U.S. Trade Optimism at All-Time High; U.S. Dominance in Technology Exports to Remain Strong: HSBC Report
Wholesalers/retailers, manufacturers most optimistic U.S. to remain global leader in technology exports for next two decades Trade optimism among U.S. business leaders is at an all-time high and the U.S. is positioned to retain its dominance as a global technology export leader, including in industrial machinery, for the next twenty years, according to research by […]
South Africa Eases Restrictions on Companies Investing in Africa
South Africa’s government said it will relax restrictions on companies doing business in the rest of Africa to encourage trade and investment with a region that’s expected to grow more than 6 percent this year. Bloomberg
U.S. Department of Commerce and eBay Inc. Announce Partnership to Promote U.S. Exports and Trade
SAN JOSE, Calif., Feb 26, 2014 (BUSINESS WIRE) — Today, U.S. Commerce Secretary Penny Pritzker and eBay Inc. CEO John Donahoe announced a partnership to promote U.S. trade and investment expansion. The joint effort will focus on increasing awareness of the economic benefits of trade, specifically the important role that small and medium-sized enterprises (SME) […]
Nigeria Sees Investment of More Than $80 Billion Over Five Years
Nigeria expects more than $80 billion in investment in the next five years to spur the West African nation’s industrial development, Trade and Investment Minister Olusegun Aganga said. China Power International Development Ltd., Siemens AG and General Electric Co. and Brazil’s Centrais Eletricas Brasileiras SA have pledged investments worth “over $50 billion alone” in the country’s […]