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Kenya, Ghana, Ethiopia:
Potential Markets in Africa
A few days ago a delegation from the U.S. Chamber of Commerce returned from the African countries of Ghana, Kenya and Ethiopia. This visit was done as part of the Chamber’s African Business Initiative, whose missions are to promote U.S. companies' direct investments in Africa, engage the U.S. business community on legislative policies that foster foreign direct investment in Africa, facilitate trade between the United States and African countries and introduce U.S. companies to the continent's vast economic opportunities. |
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Upon their return, the delegation reported about the many investment opportunities that exist in these countries, especially in the areas of infrastructure and energy. Indeed, the Kenyan and Ethiopian governments have identified these two areas as priorities for their economies in 2011 in order to achieve the Millennium Development Goals and improve the strength of middle-income countries. For its part, Ghana, in recent years, made significant efforts to streamline investment procedures and now offers tax incentives, particularly in the oil sector.
Ghana, Kenya and Ethiopia, which represent a market of nearly 150 million people, have had several years of good economic performance (more than 5% of GDP on average). They have signed preliminary agreements with the IMF aimed at preserving economic stability and improving the business climate, controlling inflation, raising currency reserves by liberalizing trade and developing the financial system.
For more information on investment opportunities and tax incentives, visit:
• Ethiopian Investment Agency (EIA)
• Ghana Investment Promotion Centre (GIPC)
• Kenya Investment Authority (KenInvest) (KIA)
For more information on markets and the business climate in Ghana, Kenya and Ethiopia, visit:
• Ethiopian Business Development Services Network (EBDSN)
• Ghana 50
• Doing Business In Kenya
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 REALLY USEFUL SITES | |
World Tourism Organization
www.unwto.org
The World Tourism Organization (WTO) is a specialized agency of the United ?Nations. It plays a central and decisive role in promoting the development of tourism, ensuring that countries and in particular developing countries maximize the positive economic, ?social and cultural effects of tourism and minimize its ?negative social and environmental impacts.?
WTO provides statistics and reports. Click here to download the 2010 Edition of Tourism Highlights.
International Business Brokers Association
www.ibba.org
Buying or selling a business is a complex task involving many participants: buyer, seller, lenders, landlord, franchisors, attorneys, accountants, customers, suppliers, competitors, etc. The International Business Brokers Association (IBBA) can help walk you through the process. IBBA is a group of successful business transaction advisors. Read the 10 Things to Expect From Your Business Intermediary. Find a broker using the online directory.
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 EVENTS AND WEBINARS |
Provided by:
US Commercial Service |
SOME UPCOMING INTERNATIONAL TRADE EVENTS
• NASBITE International Conference, Charleston, SC, April 3-5, 2011
• World Trade Week New York, May 16-20, New York City.
• Futurallia KC 2011 Kansas City, MO, May 18-20 2011
SOME UPCOMING U.S. COMMERCIAL SERVICE EVENTS
• Bridges to Canada 2011, Toronto, Ontario, Canada, March 21-22, 2011
• The Asia Pacific Business Outlook Conference, March 28-29, Los Angeles, CA.
• Ex-Im Bank's 2011 Conference: Strengthening America through Exports, Washington, DC, March 31 - April 1, 2011
• ACCESS 2011 International Trade Conference, Houston, TX, April 26-27, 2011
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Published by FITA Online, 172 Fifth Ave., #118, Brooklyn, NY 11217 USA.
Copyright © 2011 Export Entreprises SA. All rights reserved.
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