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U.S. Chamber Launches U.S.-Africa Business Center

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The U.S. Chamber of Commerce on December 14,2015 announced the formation of the U.S.-Africa Business Center (USABC), launching efforts to lead the U.S. business community in a new period of unprecedented engagement with Africa’s regional economic communities, the established African private sector, and small and medium-sized enterprises (SMEs).

“Since embarking on our initial Africa program in May 2009, the Chamber has made great strides bridging the gap between U.S. business and Africa,” said Scott Eisner, president of USABC and vice president of the U.S. Chamber. “Today, we’re taking our next step as the leader of the U.S. private sector’s commitment to Africa, with the goal of advancing policies that attract greater investment and support trade with our partners throughout the continent.”

The USABC will enhance investment opportunities for U.S. businesses by furthering the Chamber’s existing Memorandums of Understanding (MOUs) with several regional economic communities and governing bodies, including the Economic Community of West African States (ECOWAS) and Ghana Investment Promotion Centre. MOUs with the Southern African Development Community (SADC) and East African Community (EAC) are expected to be formalized soon.

Jay Ireland, president and CEO of General Electric Africa, will serve as USABC’s chairman. In addition to GE, the founding members of the USABC include companies such as IBM, Microsoft, Caterpillar, and Black & Veatch. The USABC will take a regional approach to connecting with business and government leaders in Africa, expanding current U.S. Chamber efforts by growing its in-country teams in Kenya, Nigeria, Cote d’Ivoire and South Africa. Also, USABC will increase activity with its American Chamber of Commerce partners in 17 African countries.

“The message from the U.S. business community is clear: Africa is a rapidly growing region with great opportunity for investment and trade.” Ireland said. “The U.S.-Africa Business Center will provide U.S. companies a vehicle to promote trade and investment in Africa and increase U.S. business engagement in the region. We will support building local technical and business talent, local manufacturing, and deepening financial markets.”

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 70 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.

Culled from:  https://www.uschamber.com/press-release/us-chamber-launches-us-africa-business-center

 

 

 

 

 

Kenneth Omeruo
Omeruo Ndukaku Kenneth is an Innovation Management expert,the CEO of Emerging Media,a new media company.He is a member of ISPIM - International Society for Professional Innovation Management and the US-Africa chamber of Commerce.He is the Founder of TechTrends Nigeria Blog,Nigeria Innovation Summit and the African Innovation Academy.Kenneth is a highly sought-after Internet Marketing Consultant who has through his seminars, articles, training and consulting, helped many organizations, Individuals, Businesses maximize the Internet for business purposes.Kenneth has also being featured as a guest on the TV show TODAY ON STV Nigeria and on Bloomberg Africa TV.He is the author of the best –selling Internet Book: How To Create Unlimited Internet Wealth. He is a syndicated columnist with the following Newspapers in Nigeria: Daily Independent, Financial Standard, PUNCH, BusinessDay, and Sun.Kenneth organises the EduNet Conference for Universities in Nigeria. Kenneth is a member of Institute of Software Practitioners of Nigeria( ISPON ) Roundtable For Capacity Development in Nigeria,member pre-selection committee for Nigeria at the UN World Summit Awards,a Panelist for Youth Enterprise With Innovation in Nigeria(YouWIN)-a Federal government initiative created by the ministry of finance,supported by ministries of Communications Technology,Youth Development,Worldbank and DFID. A 2013 Judge at the Google Cloud Developers Challenge for Sub Saharan Africa.He has been a contributing editor of Nigeria Communications Week,Africa Telecom and IT Business Magazine,ICT Today magazine,M2 magazine.Kenneth has been invited to the Commonwealth Telecommunications Organisation Forum, Oracle Open World Conference USA, Oracle Cloud World Dubai, and GITEX Dubai. He now lives in New York with his family and presently working on an Open Innovation project for Nigeria. You can contact Kenneth through email: (kenneth (at)techtrendsng.com) Facebook:www.facebook.com/Kenneth.omeruo On Twitter:www.twitter.com/kennethomeruo Skpe:Kenneth.Omeruo

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