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Corporate Council on Africa

The Corporate Council on Africa (CCA), established in 1992, is at the forefront of strengthening and facilitating the commercial relationship between the United States and the African continent. CCA works closely with governments, multilateral groups and business to improve the African continent's trade and investment climate, and to raise the profile of Africa in the US business community. CCA members believe that Africa's future success depends upon the ability of its entrepreneurs and business people to create and retain wealth through private enterprise. American corporations and private individuals can contribute most effectively by building partnership and reaching out to the African private sector in the areas that America knows best: private enterprise, investment capital, technology transfer and management.

CCA programs are designed to bring together potential business partners and raise Africa's investment profile in the US by developing critical contacts and business relationships and providing a forum for the exchange of information and ideas. The membership of the Corporate Council on Africa includes more than 170 US companies doing business in Africa. CCA's members range in size from large multinational corporations to small and medium-sized businesses. CCA members vary in size, sector and experience, but are joined by a commitment to strengthen business ties between the US and Africa.

NEPAD Business Group Steering Committee Names Corporate Council on Africa as U.S. Representative

WASHINGTON, D.C. -The Washington-based Corporate Council on Africa (CCA) has been named the U.S. Representative for the Steering Committee of the NEPAD (New Partnership for African Development) Business Group. The coalition of international business groups will act as an intermediary between NEPAD and private business companies who support its aims. This steering committee will include the Paris-based International Chamber of Commerce, the Commonwealth Business Council headquartered in London, Conseil Francais des Investisseurs en Afrique (CIAN), the French counterpart to CCA, and the African Business Roundtable, based in South Africa. More than one hundred national and international business organizations are expected to join the NEPAD business group.

The NEPAD is a development plan by the African nations that aims to attract some $64bn in investment for African countries from the US, Canada, and European and Asian nations. The plan is the cornerstone of the new African Union, formed July 9 in Johannesburg. The African Union, whose members include all nations of Africa, replaces the Organization of African Unity. 

CCA President Stephen Hayes praised the ideas of NEPAD, commenting, "NEPAD represents the best hope that Africa will evolve into more democratic models involving freer economies." In addition to its role on the steering committee, CCA will work with the U.S. government to support the objectives of the G8 Africa Action Plan, while actively guiding the American business sector in its work with the African Union. In support of the NEPAD, the G8 nations have committed to increase Overseas Development Assistance to Africa by $12 billion per year by 2006. "We believe we can and will play an important role in promoting U.S. economic interests in Africa in concert with the African goal of greater economic freedom," said Hayes.

The concept of the NEPAD is largely credited to four African presidents, Thabo Mbeki of South Africa, Olusegun Obasanjo of Nigeria, Abdelaziz Bouteflika of Algeria, and Abdoulaye Wade of Senegal, as a plan for Africa by Africans. One of the most significant elements of the NEPAD is its peer review component. As a fundamental principle, the NEPAD gives Africans the opportunity to work collectively to address the continent's issues and to determine the appropriate penalties should such sanctions be necessary. 

The NEPAD focus areas promote democracy, foster trade and investment, facilitate financial growth, support education, and combat HIV/AIDS. "All of these areas are in tandem with CCA's vision of a better Africa," said Hayes. "There will be significant obstacles to be overcome, but this is a plan around which progress is possible."

CCA, established in 1992, is a nonpartisan 501(c)(3) organization of nearly 170 American companies dedicated to strengthening the commercial relationship between the United States and Africa. CCA members represent nearly 85 percent of total U.S. private sector investments in Africa. The CCA website is at

The Corporate Council on Africa
1100 17th St., N.W.
, Suite 1100
Washington, D.C. 20036
Tel: (202) 835-1115
, Fax: (202) 835-1117

U.S. Africa Business Summit in Washington, DC

WASHINGTON, D.C: The fourth biennial U.S.-Africa Business Summit, hosted by the Corporate Council on Africa (CCA), was held June 24-27 in Washington, D.C. The Summit's theme was "Building Partnerships" between U.S. and African companies.

The Summit was the largest U.S.-Africa business conference ever held in the United States. The goals of the Summit are to promote foreign direct investment in Africa and facilitate trade between the U.S. and the African continent by identifying agents and distributors and building joint venture partnerships. Key private and public sector representatives with the common goal of increasing business ties between the U.S. and Africa will attend. Approximately 2,000 participants attended.

This year (2003)special emphasis was placed on linking small and medium sized enterprises. The scope of companies in attendance ranged from Fortune 500s to individually owned businesses. Over fifty workshops covered a broad range of topics related to business opportunities between the U.S. and Africa. Workshop tracts include Agribusiness, AGOA, Finance, Health Care, Oil & Gas, Transportation & Infrastructure and Travel, Arts & Entertainment as well as regional and country specific panels. To ensure that private sector partnerships are forged, an array of networking opportunities were available and facilitated as a crucial element of the Summit.

The Summit included a U.S.-Africa Trade Show featuring up to 120 booths. The diverse displays ranged from large U.S. corporations to local African handicrafts and everything in between. The exhibition introduced participants to opportunities for inter and intra-continental partnerships as well provide individuals with a meeting space to begin talks.

For information on next year's Summit, please visit CCA's website at

CCA, established in 1993, is a nonpartisan 501 (c) (3) membership organization of over 160 U.S. companies dedicated to strengthening the commercial relationship between the U.S. and Africa. CCA members represent nearly 85 percent of total U.S. private sector investments in Africa. CCA's website is at