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Masisi to speak at US-Africa Business Summit

Publishing Date : 18 June, 2019

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Corporate Council on Africa, in partnership with the Government of Mozambique, will host the 12th  US - Africa Business Summit in Maputo on June 18-21, 2019.

The Summit will bring together more than 1,000 U.S. and African private sector executives, international investors, senior government officials and multilateral stakeholders.Twelve African Heads of State including Botswana’s President Dr Mokgweetsi Eric Masisi are confirmed as speakers at the Summit taking place at the Joaquim Chissano International Conference Centre.

Other Heads of State include Filipe Nyusi, President, Republic of Mozambique; King Mswati III, Kingdom of Eswatini; Paul Kagame, President, Republic of Rwanda; Hage Geingob, President, Republic of Namibia; Uhuru Kenyatta, President, Republic of Kenya; José Mário Vaz, President, Republic of Guinea-Bissau; Peter Mutharika, President, Republic of Malawi; Edgar Lungu, President, Republic of Zambia; Emmerson Mnangagwa, President, Republic of Zimbabwe; Teodoro Obiang Nguema Mbasogo, President, Republic of Equatorial Guinea; Ruhakana Rugunda, Prime Minister, Republic of Uganda.

Senior U.S. Government officials from key U.S. agencies including the Department of Commerce, OPIC, Department of State, MCC, USAID, USTDA, EX-IM and others will also be at the Summit and will announce the latest developments in U.S.-Africa. 
Themed "Advancing a Resilient and Sustainable Partnership", CCA's 2019 Summit will engage key U.S. and African government officials and decision makers to discuss their strategies, vision and initiatives to facilitate increased business and investment.

The Summit will provide several opportunities for business executives to meet heads-of-state, ministers and high-level U.S. and African government decision makers to advocate for their business interests.

America is of the view that Africa is essential to its progress.  “Africa’s rise is not just important to Africa, it’s important to the entire world,” former President of the US, Barack Obama remarked at one of the Summits.

“The broader trajectory of Africa is unmistakable.  Thanks to many of you, Africa is on the move -- home to some of the fastest-growing economies in the world and a middle class projected to grow to more than a billion customers.  An Africa of telecom companies and clean-tech startups and Silicon savannahs, all powered by the youngest population anywhere on the planet.”  

Obama had also remarked that Africa wants partners, not patrons.  “They want to do business and grow businesses, and create value and companies that will last and that will help to build a great future for the continent.  And the United States is determined to be that partner -- for the long term -- to accelerate the next era of African growth for all Africans.”  

The US renewed the African Growth and Opportunity Act for another decade in 2014, giving African nations unprecedented access to American markets.  WThe Trade Africa was also launched so that African countries can sell goods and services more easily across borders - both within Africa and with the United States.  The Doing Business in Africa campaign also came on board to help American businesses - including small businesses - pursue opportunities across Africa.

“If you are an African entrepreneur or an American entrepreneur looking for more support, more capital, more technical assistance, there has never been a better time to partner with the United States.  Commitments from the Export-Import Bank and the U.S. Trade and Development Agency have doubled.

OPIC investments have tripled.  Nearly 70 percent of Millennium Challenge Corporation compacts are now with African countries.  And we’ve opened up and expanded new trade and investment offices, from Ghana to Mozambique.  Through our landmark Power Africa initiative, the United States is mobilizing more than 130 public and private sector partners -- and over $52 billion -- to double electricity access across sub-Saharan Africa.” 



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