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The 2015 Trade Winds program offers U.S. companies the opportunity to explore eight markets in Sub-Saharan Africa. Hosted in South Africa, the Trade Mission will feature an Africa focused business forum, consisting of regional and industry specific conference sessions as well as pre-arranged consultations with U.S. Senior Government Diplomats representing commercial markets from 19 different countries throughout the region. There will also be multiple trade mission stops that will give participants the opportunity to conduct business-to-business meetings with pre-screened firms in Angola, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, South Africa, and Tanzania.
Trade Winds–Africa offers companies the opportunity to:
This event is a response to the rapid growth and opportunities in the region. Between 2001 and 2008, Africa was one of the fastest growing regions of the world with an average annual growth rate of 5.6%. Stable macroeconomic conditions, coupled with structural reforms, formed the basis of this growth. Africa is also the world’s second-largest and second-most-populous continent making it ripe with opportunities for U.S exporters. In addition, 26 African states form the Tripartite Free Trade Agreement making trade within Africa much easier and more efficient.
Between 2011-2015, 7 of the 10 fastest growing economies are expected to be in Sub-Saharan Africa. Those countries include Ethiopia, Mozambique, Tanzania, Democratic Republic of Congo, Ghana, Zambia, and Nigeria respectively. The graph below highlights areas of opportunity within Africa, based on several key energy industry sectors. This is by no means a comprehensive list of best industry prospects for the region as opportunities also exist for Automotive & Transportation, ICT, Infrastructure, Agricultural Equipment & Chemicals, Cosmetics & Toiletries, and more.
Source ExIm Bank (2012)
Participating in the Trade Winds Trade Mission will allow innovative U.S. companies to fully maximize their advantages in this promising and dynamic, region!