https://www.engineeringnews.co.za
Africa|Botswana|Business|Power|Solutions
Africa|Botswana|Business|Power|Solutions
africa|botswana|business|power|solutions

US DFC to lead delegation to US-Africa Business Summit

30th June 2023

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

US International Development Finance Corporation (DFC) CEO Scott Nathan will lead a high-level US delegation to the US-Africa Business Summit, to be held in Gaborone, Botswana, from July 11 to 14.

The event is hosted by the Corporate Council on Africa and the government of Botswana and is indicated to build on the momentum of the successful 2022 US-Africa Leaders Summit.

Prosper Africa, the US government initiative to increase two-way trade and investment between the US and African countries, is a sponsor of the US-Africa Business Summit. 

To mark the six-month milestone after the conclusion of the summit held in December 2022, the delegation will draw attention to how the US is delivering on high-profile government and private sector commitments, including the Digital Transformation with Africa (DTA), a signature initiative of the Biden-Harris administration. 

The Prosper Africa Coordinator will be announced at the special session.

“I look forward to leading a delegation of experienced leaders from across the US government to Botswana, each of us committed to unleashing the power of the private sector to advance economic opportunity across the African continent,” says Nathan.

“The US-Africa Business Summit presents a prime opportunity for us to discuss the progress of US efforts to mobilise private capital across critical sectors.

“We need to focus on what more we can do together, along with African leaders, to support private sector solutions to development challenges and to attract private investment to drive greater prosperity for all Africans,” he adds.

Since December 2022, the investment value of deals and partnerships committed in the Prosper Africa Deal Room at the US-Africa Leaders Summit increased by half a billion dollars from $15.7-billion to $16.2-billion.

Additionally, there has been an unprecedented step up in pace of US Cabinet or principal level travel to Africa since December.

The US delegation will include senior government officials and leading US investors that represent over $2-trillion in assets.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine image
Magazine round up | 12 July 2024
12th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.302 0.358s - 172pq - 2rq
Subscribe Now