Upcoming Trade Missions to Africa Offer Important Business Opportunities

23 September 2005
Content from a Premium Partner
Corporate Council on Africa (Washington, DC)
press release

Corporate Council on Africa President Stephen Hayes is bullish on deepening the U.S.-Africa relationship. "The five trade missions we have planned will allow practical steps for doing business in Africa by allowing potential investors to see for themselves the opportunities that are available in growing numbers of African countries."

During the mission, participants will benefit from CCA match-making services and one-on-one meetings with African businesses. CCA will also arrange a number of high-level meetings with key public sector actors including the respective African President's office, the Ministry of Trade and Industry and other appropriate Ministry officials. There will be visits to project sites, manufacturing plants and export facilities in each country. The missions will ensure a high degree of access to key individuals in both the public and private sectors and will allow sufficient time for valuable networking opportunities.

Each mission will focus on investment sectors the countries themselves have determined as national economic priorities.

1. Zambia-Malawi, (Nov 4-14): Malawi is especially interested in river port development, river and rail commerce. With the development of the Nacala corridor project linking the interior of southern Africa with the Indian Ocean, there are new opportunities for economic gain by those looking for long-term investment and progress. Tourism potential is enormous in both counties, as are the needs for infrastructure development, agriculture and telecommunications.

2. Mozambique-Tanzania, (Nov 7-14): Highly-rated countries with booming markets offering investors ground level opportunities in agriculture, fisheries, tourism, infrastructure and telecommunications. Port development is also a high priority.

3. Tunisia-Libya, (Nov 10-18): Libya is one of the most stable nations on the continent. Agriculture, IT, infrastructure, handicrafts and energy services are among the best possibilities for future business.

4. Botswana-Namibia, (Nov 12-19): Botswana offers some of the most stable and transparent markets with the highest rating in all of Africa, A+ from Moody's and Standard and Poor's. Great tourism opportunities, also financing, banking development, IT, and development as an educational center in Africa. Mineral development offers primary and secondary opportunities. Namibia offers exceptional port opportunities in addition to tourism, agricultural and mineral development.

5. Cameroon-Equatorial Guinea, (December 6-12): Both rapidly emerging as oil centers in the Gulf of Guinea. The port of Douala in Cameroon is already a major oil center and its importance will grow over the next decade. Cameroon also offers significant opportunities in agriculture and small business development. Equatorial Guinea remains a nation with great resources matched by its needs, including infrastructure and agriculture development. Wood products also offer potential in both countries.

CCA believes these trade mission offer tremendous opportunities for our members as well as others interested in trade and investment in Africa. For more information please contact CCA at 202 835-1115.

Tagged:
Copyright © 2005 Corporate Council on Africa. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.