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2018 Annual Report 2018 ANNUAL REPORT BUILDING LASTING PROSPERITY FOR AMERICANS AND AFRICANS THROUGH JOB CREATION AND ENTREPRENEURIAL SPIRIT CONTENTS EXECUTIVE SUMMARY . 1 2018 SPOTLIGHT . 2 PRESIDENT’S ADVISORY COUNCIL ON DOING BUSINESS IN AFRICA (PAC-DBIA) . 2 UNITED NATIONS GENERAL ASSEMBLY MEETINGS . 2 REGIONAL PROGRAMS . 4 WEST AND CENTRAL AFRICA . 4 NORTH AFRICA . 8 EAST AND SOUTHERN AFRICA . 10 TASK FORCE UPDATES . 14 INFRASTRUCTURE, ENERGY SOLUTIONS AND MINING . 14 LIFE SCIENCES AND WELLNESS . 15 DIGITAL ECONOMY . 16 RETAIL, SUPPLY CHAIN AND TRADE FACILITATION . 17 2019 CALENDAR . 18 U.S.-AFRICA BUSINESS CENTER | 2018 ANNUAL REPORT | 1 EXECUTIVE SUMMARY Since the U.S.-Africa Business Center (PAC-DBIA’s) fact-finding trip to Ethiopia, (USAfBC) was established, it has been Kenya, Côte d’Ivoire, and Ghana. The center recognized as the leading advocacy group also endeavored to build a focused and strategic fostering U.S.-Africa business relations in body of work around North Africa, and it began Washington, D.C., and across the continent. to fortify important relationships with stakeholders As a cogent Africa policy was yet to be defined by in Morocco and Algeria. the U.S. government in 2018, the USAfBC aimed to fill the void by promoting private sector leadership. While the USAfBC made commendable strides in Members relied on the center to help navigate 2018, challenges persist in U.S.-Africa relations. The changing political environments in various markets widespread notion in Africa that the U.S. government and elevate U.S. business priorities across the is taking a backseat on its engagement with the continent. The USAfBC continues to be vocal about continent in an era of increased Chinese and other the immense benefits associated with working with competitors’ economic activity in the region offers an American businesses as a partner of choice. opportunity for private sector leadership. The center is optimistic about the many opportunities 2019 will Throughout the year, the USAfBC undertook bring in light of the passing of the Better Utilization of initiatives across major markets in the U.S. and on the Investment Leading to Development (BUILD) Act, a continent. The Chamber hosted Heads of State newly announced Africa strategy and the new including President Uhuru Kenyatta in Kenya, as well Prosper Africa initiative. as a robust United Nations General Assembly (UNGA) series featuring H.E. João Lourenço of The Chamber is regularly called on to brief members Angola, H.E. Nana Akufo-Addo of Ghana, H.E. Cyril of Congress and the Trump administration and Ramaphosa of South Africa, and H.E. Ibrahim provide counsel on Africa trade and investment Boubacar Keïta of Mali. The USAfBC leveraged these policies. These types of engagements are critical to high-level engagements to seek greater value for its the success of the center and our membership. The members and deepen business partnership between USAfBC will continue to be forward leaning in seeking the U.S. and Africa. The work of the center’s task opportunities to engage members of Congress, forces surfaced and resolved policy solutions in the administration officials, and African government areas of energy, infrastructure, the digital economy, officials on new initiatives and U.S. government trade facilitation and health. The center published policy priorities. two reports including Advancing Innovation: How Algeria Can Build a World Class Biopharmaceutical In 2019, the center will focus on launching new Industry and Digital Drivers: Enabling the Growth of products, deepening access and advocacy in growth the Digital Economy in Africa as products of task markets on the continent, expanding its reach outside force leadership. of Washington, D.C., developing an online-based membership platform, and engaging decision makers The USAfBC and its local AmCham partners played a at all levels of government to drive the message that vital role in the success of the President’s Advisory Africa remains open for business. Council on Doing Business in Africa’s 2 | U.S.-AFRICA BUSINESS CENTER | 2018 ANNUAL REPORT 2018 SPOTLIGHT President’s Advisory Council separate MOUs were signed with VISA, the U.S. on Doing Business in Africa Mission Trade and Development Agency and the U.S. African Development Foundation. The USAfBC, in collaboration with affiliate the • The USAfBC organized a U.S.-Ghana Business American Chambers of Commerce (AmCham) in Roundtable featuring Vice President of Ghana, Ethiopia, Kenya, Côte d’Ivoire, and Ghana, hosted a H.E. Mahamudu Bawumia and the Hon. Wilbur series of exclusive high-level events during the Ross, U.S. Secretary of Commerce. The President’s Advisory Council on Doing Business in government of Ghana outlined its Ghana Beyond Africa (PAC-DBIA) fact-finding trip to Africa. A Aid agenda and invited the private sector to play diplomatic pretrip briefing was held at the Chamber a prominent role in its One District One Factory with the Ambassadors of all four countries. industrial program. The U.S. government signed Subsequently, a roundtable briefing took place with an MOU with the government of Ghana to Kenya’s Cabinet Secretary for Industry, Trade and strengthen trade and investment ties in priority Cooperatives, the Hon. Adan Mohammed to consult sectors such as infrastructure, agriculture, energy, with the business community on regulatory issues to and the digital economy. spur deal flow ahead of the trip. Activities on the continent included the following: United Nations • The government of Ethiopia highlighted the General Assembly Meetings partial privatization process of key industries, U.S.-Africa Business Center including aviation and telecom during a business Honors Jay Ireland roundtable discussion. As part of the trip, an In September, the U.S.-Africa Business Center MOU was signed between the U.S. and Ethiopia honored Jay Ireland, former President & CEO of GE to foster commercial ties and support the Africa and Chair of the U.S. Africa Business Center implementation of strategic projects in Ethiopia. for his instrumental role in advocating for increased • In Kenya, a Big Four Economic Summit was trade and investment between the U.S. and Africa. successfully organized with over 500 attendees, including key Cabinet Ministers. A U.S.-Kenya MOU was signed to increase U.S. private sector participation in priority projects to achieve the Big Four Agenda of the country. A working group was also established to set standards for bilateral trade between the U.S. and Kenya. • A private dinner was organized by AmCham Côte d’Ivoire for PAC-DBIA delegates and local business leaders in Côte d’Ivoire. As part of the trip, the government of Côte d’Ivoire highlighted its Public-Public Partnership (PPP) policy and the willingness of the country to partner with the U.S. U.S.-ANGOLA BUSINESS private sector in priority areas such as ROUNDTABLE AND FORUM infrastructure development and industrial The U.S.-Africa Business Center, in partnership with transformation of agriculture produce. AmCham Angola, hosted H.E. João Lourenço, Discussions were also held with the African President of the Republic of Angola, for a private Development Bank to facilitate better access of roundtable followed by the first annual U.S.-Angola U.S. companies to information on procurement Business Forum. President Lourenço highlighted new and tender opportunities in the region. Three reforms, including the investors’ visa, the investment U.S.-AFRICA BUSINESS CENTER | 2018 ANNUAL REPORT | 3 2018 SPOTLIGHT code, the competition law, and new policies to U.S.-SOUTH AFRICA mitigate forex issues faced by investors. He INVESTORS ROUNDTABLE underscored his determination to combat corruption The USAfBC partnered with the Embassy of South and deepen the democratic process in his country. Africa, the Business Council for International He also outlined the government’s plans to diversify Understanding (BCIU), and the Corporate Council on the economy and create a more business-friendly Africa (CCA) to convene a CEO Roundtable and environment for private sector investment. Investors Panel. President Cyril Ramaphosa discussed South Africa’s goal to attract $100 billion in The USAfBC signed two MOUs with the newly new investment over the next five years. The accredited AmCham and the Angolan Agency for president also highlighted a range of measures to set Private Investment and Promotion of Exports (AIPEX) the country on a new path of growth, job creation, to deepen and strengthen commercial ties between and economic transformation through the Economic the U.S. and Angola. Stimulus and Recovery plan. He reaffirmed his commitment to expand the presence of U.S. U.S.-GHANA EXECUTIVE companies in South Africa by creating a favorable BUSINESS ROUNDTABLE business climate and acknowledged the Chamber’s The USAfBC hosted H.E. Nana Akufo-Addo for the advocacy to eliminate administrative barriers for U.S.-Ghana Executive Roundtable organized in obtaining work permits. partnership with AmCham Ghana and the Ghana Investment Promotion Center (GIPC). President U.S.-MALI PRESIDENTIAL Akufo-Addo highlighted the strides his BUSINESS FORUM administration is taking to engage investors through The USAfBC hosted Mali President H.E. Ibrahim the Ghana Beyond Aid initiative. H.E. Akufo-Addo Boubacar Keita at a Private Presidential Forum in witnessed the signing of an MOU between the September, in partnership with the Initiative for USAfBC and GIPC. Through the MOU, the two Global Development and Corporate Council on parties will work to improve the business climate Africa. H.E. Keita underscored how his between the U.S. and Ghana. The USAfBC awarded administration is creating an enabling environment President Akufo-Addo with the Outstanding Leaders to attract greater trade and investment by first Award in recognition of his commitment to tackling the insecurity that has hampered economic developing a resilient economy and championing growth. President Keita stressed his administration’s private sector engagement in Ghana. commitment to women and youth empowerment by promoting opportunities for job creation through ZENITH GLOBAL ECONOMIC FORUM: private sector development.
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