U.S. roadshow tour to spur action on increasing U.S. investment in Africa
The Initiative for Global Development (IGD) will embark on a four-city roadshow tour from April 18-May 1, 2018, across the United States aimed at re-shaping perceptions on doing business in Africa by highlighting investment and trade opportunities and forging stronger connections between U.S. and African business leaders in key growth sectors.
The U.S. roadshow tour, “Africa Investment Rising: Building Momentum for Investing in Africa’s Economic Prosperity”, is a multi-city series of site visits, panel discussions, and speed networking among investors and business leaders to spur greater U.S. investment in Africa.
African and global CEOs and senior executives from sector-leading companies and investors in the U.S. and African countries are invited to participate in the U.S. roadshow. IGD is a U.S.-based network of African and global business leaders who are committed to sustainable development and inclusive growth through business investment.
Launching the U.S. roadshow in Washington, D.C on April 18, the roadshow tour will travel to New York City to highlight banking, financing, insurance and investment; Des Moines, IA for agriculture and agro-industry; and Houston, TX for oil and gas, energy, and power.
With some of the world’s fastest-growing economies, the African continent is increasingly becoming an attractive investment destination for emerging markets investors. Yet, estimates show that only 0.3% of the average portfolio in the U.S. is invested in Africa.
“Those of us investing in Africa know about the high returns and lucrative business and investment opportunities on the continent,” said Dr. Mima S. Nedelcovych, President & CEO of the Initiative for Global Development. “Creating favorable global perceptions about the business environment in Africa will go a long way in attracting greater investment in African countries with the right business climate.”
“Now, more than ever, there’s a need to change the narrative about doing business in Africa. The Africa Investment Rising roadshow will travel into the heartland of the U.S. to bring real business opportunities and connect African and American business leaders for networking, business matching and knowledge sharing,” said Nedelcovych.
Each city will begin with an exclusive site visit for African delegates featuring innovations in leading industries, followed by a half-day forum and executive speed networking where U.S. and African private sector leaders and investors can make deals and business agreements to create new markets in both regions. Participants have the option of attending one or all stops on the U.S. roadshow.