Mayor's Private Sector Conference


U.S.'s Yellen tours Ford Assembling plant in Pretoria, hails Africa's economic potential

US Treasury secretary Janet Yellen toured Thursday (Jan. 26) a Ford Motor plant in the South African capital. The plant is one of two in the country. Earlier that day, she met the Finance Minister Enoch Godongwana. Yellen's stop to…

US Checkmates China in Africa by Bolstering Trade Ties

In order to counter China in Africa, which has made inroads with investments and trade, the US sought to expand its influence by bolstering trade ties in the continent, writes Arianna Skibell in Politico. Biden administration is planning…

U.S. seeks to re-establish trade, political ties with Africa

Africa is the new terrain of strategic confrontation between the United States, China and Russia. Washington is hosting political and economic leaders from the African continent for three days in a summit with many facets and where some…

US Trade with Africa in Decline, But Aid Remains Stable

Africa accounts for less than 2% of total US merchandise exports and imports. The overall value of US exports to the continent fell from $32.9bn in 2011 to $26.7bn in 2021, while imports declined from $93bn in 2011 to $37.6bn in 2021, according…

US overtakes Uganda to become the largest market for Kenyan goods

The United States has overtaken Uganda to become the largest market for Kenyan goods, according to a report by Business Daily. Citing official data, the publication reported that Kenya’s exports to the US grew by 47 percent to Sh38.8 billion i…