The U.S. Commercial Service, the export promotion arm of the Department of Commerce, doubled its presence in Africa over the past year to boost trade with some of the world’s fastest growing economies.
The agency opened offices in Angola, Ethiopia, Mozambique and Tanzania in the past 12 months and is planning its biggest-ever trade mission to sub-Saharan Africa in September, Donald Nay, a regional senior commercial officer, said in an e-mailed response to questions.
“President Obama believes that sub-Saharan Africa can be the world’s next major economic success story that offers enormous opportunities for American companies,” Nay, who is based in Johannesburg, said. “There’s opportunity for many U.S. companies, big and small.” Read more. Source | Bloomberg Business