Browsing: Africa50 Board of Directors

BAT Kenya Posts Sh2.9bn Half Year Profit www.theexchange.africa

While American businesses handle the USTDA-funded feasibility studies, African partners focus on business development “may acquire funding from any of the parties available. We do not have any requirements about the source of the financing for that initiative; nevertheless, we would prefer that they work with other government agencies in the United States, “Ebong added.

According to Ebong, the return on investment for feasibility studies is approximately $117 for every dollar spent, which converts into jobs in the United States.

She went on to say that infrastructure is “essential to commerce”, that “we are totally competitive,” and that “This is evidenced by the fact that many partners are choosing American companies over Chinese ones when they are in direct rivalry with one another.”…