Africa

Thursday’s signing of the Cooperation Agreement between the United States and the East African Community (EAC) – a regional bloc comprised of Kenya, Uganda, Tanzania, Rwanda and Burundi – is a major relationship milestone.

The U.S. Chamber’s Africa Business Initiative is working with both U.S. and African partners to make more American companies aware of the opportunities in Africa and to highlight the region’s continued strides in security, democracy, economic growth, and social development.

With its growing economies and the desire to sustain that growth through reforms, the EAC should be on the radar as an up-and-coming place for American companies to do business.

America will have to take this in: a prosperous Africa is a force for good in the unfolding global landscape.

South Africa is a great place for American investment, but “we are only scratching the surface of both our commercial and strategic partnerships,” U.S. Chamber President and CEO Tom Donohue told a packed room of U.S. and African business leaders.