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President attends US Africa Business summit

President attends US Africa Business summit

Staff Reporter
PRESIDENT Hage Geingob joined other African leaders in Mozambique for the 12th Africa-United States Business Summit where investment in opportunities in Africa will be examined in depth.
During the summit, Dr. Geingob will lead an Invest in Namibia Round table discussion and participate in several plenary sessions that will focus on investments in various sectors, including renewable energy.

Photos: Courtesy of the Namibian Presidency

President Geingob will also hold bilateral meetings with other heads of state and business executives.
The Summit serves, as a platform for U.S. and African business and government leaders to, amongst others: Engage on key sectors including agribusiness, energy, health, infrastructure, Information and Communication Technology (ICT) and finance; Network with key decision makers; Explore new business opportunities and meet potential business partners; And the opportunity to advocate for shaping effective U.S.-Africa trade and investment policies.
According to the Bureau of Economic Analysis of the United States Department of Commerce, direct investment in Africa since the last summit in 2019 was US$50, 2 billion since 2017.
This year’s summit will be held under the theme: Advancing a Resilient and Sustainable US-Africa Partnership. The Summit will bring together Heads of State, more than 1 000 American and African private sector executives, international investors, senior government officials and multilateral stakeholders.
The multi-day conference aims to address the rapidly evolving models for business and investment in the continent’s key economic sectors and offer excellent opportunities to meet new investment partners and gather insights.

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