Our Trade and Investment Ties with African Nations

“The United States is the second largest source of foreign direct investment and the largest foreign employer in South Africa. Total trade in goods and services between our two countries is almost 15 billion dollars annually."
“The United States is the second largest source of foreign direct investment and the largest foreign employer in South Africa. Total trade in goods and services between our two countries is almost 15 billion dollars annually.”

Trade and investment ties between African nations and the U.S. are the backbone of our bilateral relationships on the continent – but how do we make that backbone even stronger?  We share information about new and exciting opportunities, that’s how.  Last week, the U.S. Foreign Commercial Service joined the Johannesburg Chamber of Commerce in hosting a day-long workshop on U.S. – Africa Business Opportunities.  U.S. Government officials and senior representatives from American companies discussed at length what those opportunities look like and how African businesses can take advantage of them.

U.S. Consul General Christopher Rowan highlighted the close commercial ties between South Africa and the U.S., saying, “The United States is the second largest source of foreign direct investment and the largest foreign employer in South Africa.  Total trade in goods and services between our two countries is almost 15 billion dollars annually.  But we both stand to benefit from deepening our commercial ties, building new infrastructure, and collaborating on research and innovation to unlock new technologies—all to ensure a more prosperous future for our people.”

With about 80 people in attendance, representing trade, banking, telecommunications, manufacturing, and small business, the workshop was a tremendous success in bringing together a diverse group all interested in commercial opportunities.
With about 80 people in attendance, representing trade, banking, telecommunications, manufacturing, and small business, the workshop was a tremendous success in bringing together a diverse group all interested in commercial opportunities.

With about 80 people in attendance, representing trade, banking, telecommunications, manufacturing, and small business, the workshop was a tremendous success in bringing together a diverse group all interested in commercial opportunities.

For those interested in learning more about commercial opportunities with the United States:  http://www.export.gov/southafrica/

For more information on Power Africa:  http://www.usaid.gov/powerafrica

The USAID sponsored Southern Africa Trade Hub operates in eight SADC countries to facilitate trade, modernize customs, and improve food security: http://www.satradehub.org/