HOW CORPORATE AMERICA REALLY VIEWS AFRICA.
The US Chamber of Commerce mission of the Africa Business Initiative is to engage the U.S. business community on policies that foster foreign direct investment in Africa, to facilitate trade between the United States and African countries, and to expose the U.S. business community to the continent’s vast economic opportunities. In partnership with Baird’s CMC, an inside-the-boardroom survey of attitudes toward corporate investment in Africa among leading U.S. corporations was conducted. An excerpt of the executive summary has been presented here for your information, while you may access www.uschamber.com/international/mideast for details. • U.S. executives point out that Africa is only one of many possible destinations that American corporations consider for investment. Investment is highly competitive, and many countries are vying to become the destination of choice for capital. That said, U.S. companies in some sectors, particularly technology, now regard Africa as the last front