Prosper Africa, a U.S. Government initiative to increase two-way trade and investment between African nations and the United States, will host on February 22 from 3:00-4:30 p.m. EST, the second virtual listening session in its Spring series. Interested U.S. business leaders, government representatives, allied organizations, and African diaspora advocates are invited to participate in this virtual listening session focusing on the impact of the African Continental Free Trade Area (AfCFTA) on U.S. – African economic prosperity and development progress.
As home to the world’s largest free trade area, growing economies, and an increasingly young, urban, and digitally connected population, the African continent plays a vital role in the global economy. The United States, in turn, offers a large consumer base, the world’s deepest capital markets, and a commitment to job creation, transparency, and social responsibility. Increased economic engagement between the United States and African nations creates jobs, fuels economic growth, and advances shared prosperity. The recent momentum on the AfCFTA has ignited interest and focus on the potential for intra-continental trade to bolster African economies and two-way trade and investment.
The AfCFTA is the world’s largest free trade area bringing together the 55 countries of the African Union (AU) and eight Regional Economic Communities (RECs) to create a single market on the continent. The AfCFTA was established to enable the free flow of goods and services across the continent and boost the trading position of Africa in the global market. Since its inception in 2019, more than 50 African nations have signed the AfCFTA agreement.
The listening sessions seek to encourage the participation of U.S. Diaspora business communities, including U.S. and African entrepreneurs and investors, along with representatives from various member USG agencies. The first session generated interest from over 100 business and government leaders who are interested in shaping the dialogue on the trade agreement.
This unique opportunity provides a platform for business leaders to share their experiences and offer solutions to some of their most pressing challenges.
Prosper Africa offers a one-stop shop that brings together the full suite of U.S. Government services and resources to help companies and investors do business in U.S. and African markets.
Register today!
Join Diaspora business leaders and the broader business community in a discussion about the impact of the AfCFTA.
Follow the link here to complete registration questionnaire: https://www.surveymonkey.com/r/XGB8DHL
To learn more about Prosper Africa, visit www.prosperafrica.gov.
For more information on the virtual listening sessions, email tshupka@cultivaglobal.com.