Posts Tagged ‘Cote d’Ivoire’

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New Memorandum of Understanding with Côte d’Ivoire Slated to Strengthen the United States’ Ties to Africa

December 17, 2018

This post originally appeared on the Department of Commerce Blog.

 Janel Edens is the West & Central Africa Desk Officer in ITA”s Office of Africa 

On December 7th, 2018, the U.S.-Côte d’Ivoire Memorandum of Understanding (MOU) was signed between U.S.Secretary of Commerce Wilbur Ross on behalf of the government of the United States and Minister of Foreign Affairs, Marcel Amon-Tanoh on behalf of the Government of Côte d’Ivoire.

Signing of MOU

Secretary Wilbur Ross and Minister of Foreign Affairs, Marcel Amon-Tanoh sign MOU

“We are fundamentally changing the business narrative between our two great nations,” noted Secretary of Commerce Wilbur Ross during the signing.

The MOU seeks to build awareness among the American business community of commercial opportunities and participation in strategic agriculture, industry, transportation, energy, and other priority projects in Côte d’Ivoire. In fact, these sectors have been prioritized in Côte d’Ivoire’s National Development Plan (NDP) for 2016-2020.

The projects implemented under this MOU will accelerate business growth, increase agricultural output, boost infrastructure and energy development, industrialize the economy, as well as improve the standard of living for Ivorians, while providing new opportunities for U.S. firms.

The Department of Commerce will take the lead in organizing a comprehensive approach that coordinates Federal government programs for providing financing and other assistance to U.S. companies. In addition, under the MOU, the Federal government will work directly with the Côte d’Ivoire Government on removing trade barriers that could prevent American businesses from finding success in Côte d’Ivoire.

The MOU signing was the culmination of an extensive effort that began some time ago. Under Secretary Kaplan himself and business leaders from the United States visited Côte d’Ivoire to conduct high-level discussions during the Presidential Advisory Council on Doing Business in Africa Members’ fact-finding trip to the continent several months ago.

Côte d’Ivoire is a country primed for growth. The nation is already one of the top ten export markets for U.S. goods in Sub-Saharan Africa and considered a strong regional partner for the United States.

The signing of the U.S.-Côte d’Ivoire MOU marked another defining moment in the U.S.-Côte d’Ivoire bilateral relationship and reaffirmed that both countries seek to enhance commercial ties for years to come.

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Build on U.S.-Africa Business Forum by Discovering Opportunities in Africa

August 7, 2014

This post contains external links. Please review our external linking policy.

Logo. The DISCOVER Series is your business's link to expanding your exports all over the world.

The DISCOVER Series is your business’s link to expanding your exports all over the world.

The United States is putting full focus on doing business in Africa, following President Obama’s  U.S.-Africa Leaders Summit and the U.S.-Africa Business Forum. Business Forum co-hosts Bloomberg.org and the Department of Commerce project the event will catalyze $14 billion in new business deals.

Even though the Forum is now behind us, there are still plenty of new opportunities available in Africa, and the International Trade Administration wants to help you find them.

Our new Doing Business in Africa portal is a one-stop shop for finding resources, seeing success stories, and learning about opportunities on the continent.

Our upcoming DISCOVER GLOBAL MARKETS: Sub-Saharan Africa event in Atlanta, Nov. 5-6, will bring together private and public sector experts to discuss:

  • practical advice on trade finance;
  • African market entry strategies;
  • risk mitigation on the continent; and,
  • opportunities in a broad array of industry sectors — including oil and gas, agribusiness, health care, information technology, franchising, and consumer goods.

Register Now for DISCOVER: Sub-Saharan Africa

 

 

DISCOVER also offers pre-scheduled, one-on-one meetings with U.S. Embassy personnel from Angola, Cameroon, Cote d’Ivoire, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, South Africa, and Tanzania.

These specialists work in African markets every day, and can counsel U.S. businesses on market potential, bidding on government contracts, qualification of business partners, and the local regulatory environment.

With the ongoing government emphasis on Africa, there’s never been a better time for your business to look at these promising markets. Register for the Discover Forum now, and contact your nearest Export Assistance Center to learn about more opportunities.