Corporate Council on Africa

By 2030, the African fintech market will be worth around $65 billion, according to a recent report by Boston Consulting Group (BCG) and QED Investors.

Africa's fintech market is indisputably a very vibrant one; we have seen some really notable startups turned tech giants, and investments flow into this sector. In the below article, Aymen Mtimet, Partner Advisory at Deloitte Francophone Africa, shares his insights on the evolution of fintech in Africa, its current challenges, and growth opportunities.

Read more here: https://africa-news-agency.com/interview-aymen-mtimet-africa-is-a-remarkable-fintech-laboratory/

News Source: Africa News Agency
Image credit: Business Insider Africa

Interview Aymen Mtimet : “Africa is a remarkable fintech laboratory” Aymen Mtimet*, Partner Advisory at Deloitte Francophone Africa, shares his insights on the evolution of fintech in Africa, its current...

Don't miss out! Register now for the USTDA workshop series in Abuja! Join us alongside U.S. and West African pharmaceutical and medical device companies, government officials, and multilateral partners on July 16-17. Together, let's pave the way for regulatory harmonization and enhanced market access for crucial medical products in Africa.

Secure your spot here: https://corporatecouncilonafrica.swoogo.com/ustdaworkshopseries/WestAfrica

West Africa: USTDA/CCA Workshop Series on Regulatory Convergence of Health Products in Africa The U.S. Trade and Development Agency (USTDA) in collaboration with the Corporate Council on Africa (CCA) presents a Workshop Series on Regulatory Convergence for Healthcare Products in Africa.

Ready to unlock exclusive access to a world of opportunities in U.S.-Africa business? Join Corporate Council on Africa (CCA) today and be part of shaping the future of trade and investment between the two continents.

Your membership opens doors to a dynamic network of industry leaders, insights, and collaboration.

Don't miss out – Become a member today!

Memberships For three decades, The Corporate Council on Africa has paved the way for enhanced trade, investment, and commercial engagement between the United States and Africa. Celebrating 30 years of influential connections in 2023, CCA continues to serve as the bridge for American and African businesses to ex...

Africa brims with untapped opportunities, and its innovations stand at the forefront of addressing global challenges. But are international investors truly recognizing Africa's potential for trade and investment?

Share your thoughts in the comments below and let's discuss!

A great wealth of insights was shared during our 'Invest In' country sessions at the recent U.S.-Africa Business Summit! Attendees had the invaluable opportunity to interact with high-level government officials and business leaders from countries boasting some of the most promising markets for investments.

From uncovering business opportunities to understanding government policies and success stories, these sessions provided invaluable knowledge.

Learn more here about Morocco's investment prospects: https://www.morocconow.com/

Morocco Now Invest in Morocco and export to the world Follow us and stay tuned on Morocco Now roadshow to The United States of America register now Play Video . Reach your goals with a favorable business environment PRO BUSINESS Business-friendly environment with political stability, resilient economy and Gover...

“Africa will remain the second fastest growing region”

Some interesting insights from the African Development Bank's Annual Meetings! The meetings' objective is to analyze the continent's growth prospects, and unveil the institution's new strategy.

This article further sheds some light on why Africa's resilience amid global challenges is vital and how effective governance and resource management can unleash its full potential.

Read more here: https://africa-news-agency.com/african-development-bank-annual-meetingss-africa-will-remain-the-second-fastest-growing-region/

News source: Africa News Agency

African Development Bank Annual Meetings : “Africa will remain the second fastest growing region” Analysis of the continent's "growth prospects," an assessment of Adesina's years, and the presentation of the Institution's new strategy...

Unlock new opportunities and connections by joining the Corporate Council on Africa (CCA) membership today! Gain access to a vibrant network of leaders and influencers shaping U.S.-Africa business. Elevate your impact and expand your reach in the dynamic African market.

Become a member today! https://www.corporatecouncilonafrica.com/member-sign-up

Join USTDA in Abuja! We're convening U.S. and West African pharmaceutical and medical device companies, government officials, and multilateral partners from July 16-17. Together, let's develop actionable outcomes to advance regulatory harmonization and improve market access for essential medical products in Africa.

Register here: https://corporatecouncilonafrica.swoogo.com/ustdaworkshopseries/WestAfrica

This insightful article delves into the transformation of Rwanda's transport sector, showcasing the rise of electric motorbikes as a sustainable alternative to traditional petrol vehicles. Follow the journey of a moto-taxi driver in Kigali as they embrace eco-friendly rides, uncovering significant cost savings and emissions reductions along the way.

Discover how this shift is reshaping Rwanda's transportation dynamics and paving the path for a greener future. 🛵💡

Read the article here: https://www.howwemadeitinafrica.com/rwandas-shift-to-electric-motorcycles-brings-more-than-just-climate-benefits/170646/

News source: How We Made It In Africa

Rwanda's shift to electric motorcycles brings more than just climate benefits Ampersand, a fast-growing electric motorbike company in Kigali, is allowing motorbike taxi drivers to save money and cut emissions.

"The interplay between the AfCFTA & AGOA is critical for job creation, investment as well as market predictability & stability." - H.E. Wamkele Mene. Secretary General, African Continental Free Trade Area (AfCFTA).

Corporate Council on Africa endorses the AfriCaribbean Trade & Investment Forum ( ) happening at the Baha Mar Convention, Arts & Entertainment Center in Nassau, The Bahamas, on June 14!

Join the symposium to explore opportunities for accelerating trade, investment, and job growth in Africa and the Caribbean.

Register today! https://www.africaribbeanalliance.com

Corporate Council on Africa has been at the helm of enhancing trade, investment, and commercial ties between the United States and Africa for over 30 years. As we celebrate over three decades of impactful connections, we invite you to become a member and be part of a community that bridges American and African businesses.

Become a CCA Member today! https://www.corporatecouncilonafrica.com/memberships

Turbocharging SMEs: Strategies for Accelerating U.S.-Africa Trade and Investment was a game-changing panel at the 2024 U.S.-Africa Business Summit. Featuring SME owners, it offered practical solutions to the hurdles faced by small and medium-sized enterprises, focusing on streamlining regulations, enhancing access to finance, and tapping into market opportunities to drive economic growth and innovation on both continents.

This session's insights are a reflection of both the Summit's goals and the Africa Day 2024 theme: "Educate an African Fit for the 21st Century: Building Resilient Education Systems for Increased Access to Inclusive, Lifelong, Quality, and Relevant Learning in Africa." By empowering SMEs, we not only foster economic development but also create a robust ecosystem that supports lifelong learning and inclusivity. The parallels between fostering resilient education systems and enhancing SME growth highlight a unified vision for a prosperous and inclusive future.

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Corporate Council on Africa proudly celebrates our board member Admassu Tadesse, President and Chief Executive of Trade and Development Bank Group - TDB Group for being awarded Banker of the Year 2024 at the African Banker Awards!

As President and Managing Director of the Trade and Development Bank Group (TDB Group) since 2022, Admassu's visionary leadership has driven the TDB Group to exceptional achievements. Under his guidance, the TDB Group has entered new markets, launched new business units and subsidiaries, secured investment-grade credit ratings, and increased its total assets tenfold to USD 10 billion by December 2023.

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Amongst the deals signed at the U.S.-Africa Business Summit was a multi-billion-naira Memorandum of Understanding (MOU) between Agbeyewa Farms Limited (a subsidiary of Cavista Holdings) and the Government of Ekiti State, Nigeria.

This landmark agreement aims to cultivate cassava on a large scale in the state, with an initial target of 100,000 hectares, through an out-grower program.

Read more about this transformative partnership here: https://x.com/cpsekiti/status/1788626445520003346

Spotlighting a pivotal agreement inked at the U.S.-Africa Business Summit!

Export-Import Bank of the United States (EXIM) President and Chair Reta Jo Lewis, Esq. finalized three historic transactions for projects in Angola alongside President of Angola H.E. João Lourenço, Minister of Finance Vera Daves, and U.S. government representatives during the U.S.-Africa Business Summit in Dallas, Texas.

The three transactions all advance the Biden-Harris Administration’s Partnership for Global Infrastructure (PGI) initiative, a collaborative effort by U.S. government agencies to support sustainable, clean, resilient, and inclusive infrastructure projects around the world. The transactions also support EXIM’s mandate to support renewable energy projects.

Read more about it here: https://www.exim.gov/news/export-import-bank-chair-lewis-celebrates-three-historic-transactions-angola-africa-business

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Export-Import Bank of the U.S. Chair Lewis Celebrates Three Historic Transactions in Angola at U.S.-Africa Business Summit | EXIM.GOV Export-Import Bank of the U.S. Chair Lewis Celebrates Three Historic Transactions in Angola at U.S.-Africa Business Summit EXIM Finalizes Key Deals that Advance Administration’s Partnership for Global Infrastructure Initiative Alongside Angola President Lourenço and Finance Minister Dave FOR IMME...

Last week in Dallas, Texas: Over 1600 business leaders from Africa and the United States converged at the U.S.-Africa Business Summit, igniting connections, innovation, and opportunity.

Click the link below to watch the Summit day 1 and 2 highlights:

2024 U.S.-Africa Business Summit - Day 1 & 2 Corporate Council on Africa's 2024 U.S.-Africa Business Summit held on May 6-9 in Dallas, Texas.

Today marks the culmination of a dynamic exchange at the U.S.-Africa Business Summit, where 1800+ business and government luminaries from the U.S. and Africa charted pathways to prosperity and collaboration.

Reflecting on the insightful panel discussion on the "Future of U.S.-Africa Trade and Investment: AGOA and Beyond" at the U.S.-Africa Business Summit. Leaders explored the potential of the Africa Continental Free Trade Agreement (AfCFTA) and discussed strategies to enhance trade and investment ties between the U.S. and Africa, particularly as AGOA approaches its expiry in 2025.

African Continental Free Trade Area (AfCFTA) Secretariat, Secretary General, Wamkele Mene introduced the panel, and emphasised the importance of the interplay between the AfCFTA and AGOA.

Panellists Included:

Witney Schneidman, of Schneidman and Associates
Hon. Doris Anite MD, CFA, Federal Minister of Industry, Trade and Investment of Nigeria, Federal Republic of Nigeria
Hon. Kgafela Mmusi, Ministry of Trade and Industry, Government of Botswana
Joy Basu, Deputy Assistant Secretary of State, U.S. Department of Statee
Farouk Gumel, Vice chairman, Africa, Tropical General Investments (TGI) Group
Anne Aliker, Group Head: CIB Client Coverage, Standard Bank Group
Okechukwu Ihejirika, Chief Operating Officer- Caribbean Office Africa, African Export Import Bank - Afreximbank

Cynt Marshall, CEO of the Dallas Mavericks and Chair of the Dallas Regional Chamber, discusses Dallas' potential as one of the fastest-growing cities and economies in the U.S. She highlights collaborative efforts in market access and talent exchange between the U.S. and Africa at the opening ceremony of the U.S.-Africa Business Summit.

Arcilia Acosta, Chair of the Dallas Citizens Council, advocates for maximizing opportunities between the U.S. and Africa at the 2024 U.S.-Africa Business Summit.

Hon. Ambassador Linda Thomas-Greenfield, United States Ambassador to the United Nations, leads the U.S. Government delegation at the U.S.-Africa Business Summit. Her address covers a range of topics, emphasizing the importance of strengthening ties and partnering for sustainable success.

H.E. João Lourenço, President of the Republic of Angola, represents African delegations at the opening of the U.S.-Africa Business Summit 2024. His remarks underscore the summit's pivotal role in strengthening regional relations.

We are delighted to announce Flutterwave INC. as our SILVER sponsor for the U.S.-Africa Business Summit! Their dedication to driving progress and innovation serves as a cornerstone in advancing U.S.-Africa business relations.

We are delighted to announce DLA Piper as our SILVER sponsor for the U.S.-Africa Business Summit! Their dedication to driving progress and innovation serves as a cornerstone in advancing U.S.-Africa business relations.

We are delighted to announce The Dallas Regional Chamber as our SILVER sponsor for the U.S.-Africa Business Summit! Their dedication to driving progress and innovation serves as a cornerstone in advancing U.S.-Africa business relations.

We are delighted to announce Casablanca Finance City as our SILVER sponsor for the U.S.-Africa Business Summit! Their dedication to driving progress and innovation serves as a cornerstone in advancing U.S.-Africa business relations.

A senior U.S. Government delegation is traveling to Dallas to participate in the 16th U.S.-Africa Business Summit on May 6-9, 2024. Hosted by the Corporate Council on Africa, the Summit will bring together more than 1,500 U.S. and African public and private sector executives including Heads of State, international investors, U.S. and African government officials, and multilateral stakeholders.

read more here: https://usun.usmission.gov/media-advisory-ambassador-linda-thomas-greenfield-to-lead-u-s-delegation-to-the-2024-u-s-africa-business-summit-in-dallas

usun.usmission.gov