Earlier this week, the Corporate Council on Africa’s Health Working Group hosted a World Bank presentation of The Global Financing Facility (GFF), a broad $4 billion facility that aims to promote reproductive, maternal, newborn, child and adolescent health (RMNCAH) in low- and middle-income countries. The GFF–which was announced in September 2014 and currently consists
Corporate and Investment
Global Infrastructure Investment — Getting Investors Off the Sidelines
Power shortages in India, transportation costs in Africa, the poor grades given to US infrastructure, pollution in China, and the devastation to old and sub-par infrastructure in places like Nepal when disaster strikes are clear reminders that the world needs more and better infrastructure. Infrastructure is the talk of governments, of bodies such as the…
The Healthy State of Medical Tourism in Sub-Saharan Africa
Well-known as a destination for experiencing some of the world’s most breathtaking natural assets, the Sub-Saharan African region is making progress in staking a larger claim to the multibillion dollar medical tourism industry and is the fastest growing region for wellness tourism. Strategic trade and investment policies have played a significant role in these advancements.…
Competing Smarter: Assessing the Report from the President’s Advisory Council on Doing Business in Africa
One positive outcome of last year’s U.S.-African Leaders Summit was the creation of the President’s Advisory Council on Doing Business in Africa (DBIA), whose purpose is to make recommendations on how to strengthen U.S. commercial engagement on the continent. The council, a group of 15 seasoned business leaders with a genuine understanding of Africa’s business…
This Year’s IPA Award Showcases Capital Innovations
This week, the African Innovation Foundation (“AIF”), an organization whose purpose is to “to increase the prosperity of Africans by catalyzing the innovation spirit in Africa,” announced the finalists for its annual Innovation Prize for Africa (“IPA”) award. Started in 2011, the IPA award serves to “honour[] and encourage[] innovative achievements that contribute…
President’s Advisory Council Focuses On Capital, Supply Chains and Infrastructure
One of the major initiatives announced during last summer’s U.S.-Africa Leaders Summit was the establishment of the President’s Advisory Council on Doing Business in Africa, a private sector-led body tasked with assisting the President in the development and dissemination of U.S. private sector strategies for taking advantage of trade and investment opportunities on the continent. …
World Investors Eye Egypt’s Future
Is the world ready to invest in Egypt? After years of a stagnating economy and political uncertainty, the results from last month’s Egypt Economic Development Conference (EEDC) suggest that investors are taking a fresh look at what could be a new landscape for economic prosperity in the country. To better understand the results and impact…
Ethiopian Airlines Is Bringing Africa Together and to the World
The ongoing expansion activities of Ethiopian Airlines has the potential to make a significant impact on intra-African trade and in deepening the region’s integration into the global economy.
At between 10% and 12%, intra-African trade lags far behind that of other regions. A key reason for this trade deficit is the dearth of transportation…
India’s ICT Companies Lead the Way to Further Indian Investment in Africa
This week, numerous companies from emerging economies will gather in India to participate in the third annual Growth Net conference, a unique platform focused on promoting business, trade and financial partnerships amongst the countries represented. South-South cooperation will be the focus of much of Growth Net’s agenda, and a principal topic of interest will be…
Why AGOA Should be Extended for 15 years: An Ethiopian Case Study
It is frequently said that investing in Africa is not for the faint-hearted.
It is less well appreciated that entering the U.S. market is not for the faint-hearted either, especially by those small and medium businesses in Africa that AGOA was designed to benefit.
For the last 24 months, the African Union and African diplomatic…