U.S.-Africa Business Summit 2020 to be hosted in Morocco

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The next edition of the United States-Africa Business Summit (U.S- Africa) will be held in June 2020 in Marrakech, Morocco, the Corporate Council on Africa (CCA) announced on Monday.

The CCA Board of Directors chose the Kingdom as the host of the 2020 Summit after a strategic process. According to the statement, Morocco having joined the African Union and signing the African Continental Free Trade Agreement, demonstrated its commitment to promote economic development in Africa, making it an ideal destination for the 2020 Summit.

Princess Lalla Joumala, Ambassador of the Kingdom of Morocco to the United States, urged businesses to take advantage of the unique opportunities that will be presented at the Summit. It will be the first time CCA will organize the summit in North Africa.

“As the gateway to Africa, Morocco is committed to increasing business and investment on the continent and is pleased to partner with the Corporate Council on Africa to host the 2020 U.S.-Africa Business Summit in Marrakech,” she said

The U.S.-Africa Business Summit 2019 was hosted in Maputo, Mozambique, which focused on advancing a resilient and sustainable partnership between the U.S. and Africa.

Also Read: Morocco beat Kenya, Tanzania as best investment hub

“We are delighted to return to the continent for the 2020 Summit and look forward to partnering with the Government of the Kingdom of Morocco,” said Florizelle Liser, President and CEO, Corporate Council on Africa.

She said that the 2019 summit was a success as she recommended the calibre of engagement by African and U.S business and government leaders saying it was outstanding. She further added that the partnerships forged, deals closed and the attendees are still reviewing investment opportunities identified. She said that they intend to expand on the outcomes at the Morocco 2020 summit.

Starting this year, CCA will hold the U.S.-Africa Business Summit annually, with the aim of providing its members, investors and key U.S.-Africa business stakeholders with the opportunity to stay informed on investment and the latest business developments across Africa.

The U.S.-Africa Business Summit serves as a platform for the U.S and African private sector and government representatives to engage on key sectors including agribusiness, energy, health, infrastructure, trade facilitation, ICT and finance.

Corporate Council on Africa (CCA) is the leading United States business association focused solely on connecting business interests between the U.S and Africa.

Also Read: Rwanda, Morocco sign 19 agreements to strengthen ties

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