OUR MISSION STATEMENT
"Our mission is to educate and attract business and investment through secured one to one match-making, advocacy, trade missions to the United States, and private equity financing."
INVESTING IN AFRICA IS SOUND BUSINESS AND A SUSTAINABLE CORPORATE STRATEGY.
The African Market has one of the highest rate of returns on inflows of Foreign Direct Investment. With a 11% return, Agriculture, Telecommunication, Banking, Infrastructure, and Oil and Gas, are the most prominent and fastest growing Industries.
U.S exports to Africa include the following sectors being Aerospace and defense, Apparel, Automotive, Biopharmaceuticals, Chemicals, Digital services, Food and beverage, Machinery and equipment.
PROSPECTS OF DOING BUSINESS IN AFRICA:
Africa is the most profitable region in the world
A report by the UN Conference on Trade and Development states that between 2006 and 2011, Africa had the highest rate of return on inflows of Foreign Direct Investment: 11.4%. This is compared to 9.1% in Asia, 8.9% in Latin America and the Caribbean. The global figure is 7.1%. Examples of companies benefiting from bountiful profits in Africa abound: Sonatrach’s turnover from oil and gas alone was $33.2 billion; MTN Group’s turnover was about $10 billion; and Dangote Group’s turnover was $4.1 billion—all in 2017. A variety of factors drive up Africa’s profit prospects, making it imperative for European, North American, Asian, and Latin American businesses to invest, helping to foster the continent’s economic progress.
Africa’s economic growth prospects are among the world’s brightest
Six of the world’s 12 fastest-growing countries are in Africa (Ethiopia, Democratic Republic of the Congo, Côte d’Ivoire, Mozambique, Tanzania, and Rwanda). Further, between 2018 and 2023, Africa’s growth prospects will be among the highest in the world, according to the IMF. Good news: sectors where foreign companies could have a comparative advantage, such as banking, telecommunications and infrastructure, are among the drivers of current economic growth in Africa—creating clear investment opportunities for foreign businesses.
An attractive oil & gas sector An attractive mining sector An underdeveloped high potential agriculture sector A bright, young workforce - limitless human capital Heart of Central African region and access to multiple markets African leaders are open to forming new economic relationships Afcfta set to reposition Africa the 21 st century trade hub