U.S. Companies Lag in Race to Tap Africa’s Growth Potential
- Sub-Saharan Africa accounts for just 1 percent of U.S. trade
- Nigeria, Ivory Coast pledge reforms to attract investment
Time for Investors to Tap Into Africa?
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Ignore Africa at your peril.
That was the warning from political and business leaders who attended the second U.S.-Africa Business Forum in New York on Wednesday and dismissed an economic slowdown in the world’s poorest continent as a temporary blip. They highlighted the potential of its expanding middle class, untapped mineral riches and uncultivated arable land.