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The USAID East Africa Trade and Investment Hub boosts trade and investment with and within East Africa. Find out more...

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  • Save the Date: 5th Sankalp Africa Summit

    Published on February 22, 2018

    The 5th Sankalp Africa Summit is scheduled to take place on March 1-2 in Nairobi, Kenya, under the theme Open Alliances for a Sustainable and Inclusive Africa 2030. The USAID Hub is supporting the event to connect entrepreneurs with investors, corporate representatives, policy makers, and fellow entrepreneurs and to forge open alliances toward the achievement of a collective vision for Africa 2030.

    Summit organizers anticipate 1,000 plus delegates from more than 40 countries. The two-day event will host more than 50 sessions on impact investing, innovation and more. Conversations will focus on using knowledge, capital and networks to drive an innovation-led economy.

    Register for the 5th Sankalp Africa Summit https://africasummit2018.sankalpforum.com/

    Why should you attend?

    Since its inception in 2013, the Sankalp Africa Forum has provided an opportunity for entrepreneurs to learn and grow the entrepreneur culture. Dr. Moka Lantum, Chief Executive Officer of Sagitarix Ltd Kenya, who first attended Sankalp in 2014, said the event helped him rethink his approach to creating a start-up culture in his company, with the understanding that is ok to be a lean, one-person company at the beginning. Below are a few insights from Dr. Lantum about the Sankalp Forum.

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    New on our Knowledge Center: From Regional Economic Communities to a Continental Free Trade Area

    Published on February 22, 2018

    RECs.JPGFrom Regional Economic Communities to a Continental Free Trade Area (CFTA) is a report by the United Nations Conference on Trade and Development (UNCTAD). It seeks to enhance knowledge among policymakers, experts and private sector stakeholders on essential policies and measures for establishing the CFTA and boost regional supply chains in agricultural commodities and processed food products. The report's network analysis shows which country has competitive advantage over others in each trade agreement or regional context. It also highlights overlapping regional agreements and identifies trade hubs within Africa.

    The report carries out specific analysis of agricultural products, including those identified in the Abuja declaration. The ultimate purpose of this work is to inform African policy-makers with strategic tools to assist trade negotiations and agricultural policy design. Its focus is on the eight Regional Economic Communities that exist in Africa, as they do not only constitute key building blocks for economic integration, but are also important actors working in collaboration with the AU in ensuring peace and stability in their regions.

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    Hub facilitates East African sourcing for U.S. companies

    Published on February 22, 2018

    The USAID Hub recently supported 19 East African companies to connect with U.S. buyers at the largest biannual U.S. trade show for the global retail fashion industry, Sourcing at MAGIC in Las Vegas, Nevada. The companies reported 85 direct linkages with U.S. buyers at the event for a projected sales value of $32 million.

    The companies, drawn from Madagascar, Ethiopia and Kenya, specialize in a range of products that appeal to U.S. buyers, including children’s clothing, leather bags, sandals, boots, raffia bags, hats, tee shirts, denim jeans, shoes, sandals, uniforms and work wear. The African Growth and Opportunity Act provides the eligible East African countries with a competitive advantage by removing duties on nearly 7,000 products. The result is a win-win for U.S. companies looking to source and East African companies looking to expand their exports for economic growth.

    One of the U.S. buyer linkages was with the Chief Supply Chain Officer at PVH, one of the world’s largest apparel companies. In addition to his interest in sourcing from Hub-supported companies, he was also keen to discuss collaborating with the Hub on the establishment of a middle management training program in Ethiopia to build workforce capacity. The Hub is currently supporting workforce development programs in Kenya.

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    Hub supports Uganda's participation in WTO Triennial Review

    Published on February 22, 2018

    The Hub recently supported the Uganda National Bureau of Standards to conduct a national stakeholders’ preparatory workshop in preparation for the 8th Triennial Review of the World Trade Organization (WTO) Technical Barriers to Trade (TBT) Agreement. The workshop was held on 6th-7th February 2018 at Sheraton Hotel in Kampala, Uganda. Participating stakeholders provided feedback on the agreement’s operations and implementation, and agreed upon key concerns to present to the WTO TBT Committee on behalf of Uganda. The review process contributes to the effective and efficient implementation of the WTO TBT Agreement.

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