PM Rugunda in Maputo for 12th U.S-Africa Business Summit

PM Ruhakana Rugunda (R) during a visit at the residence of former the former Mozambican President, Joaquim Chissano (L).

Uganda’s Prime Minister, Dr Ruhakana Rugunda is in the Mozambican capital, Maputo to attend the 12th U.S.-Africa Business Summit.

The gathering is hosting African leaders, over 1,000 United States and African private sector executives, international investors, senior government officials and multilateral stakeholders.

At the summit, Rugunda is representing President Yoweri Museveni.

On arrival in Maputo, the Prime Minister called on the former President of Mozambique, Joaquim Chissano at his residence.

“I visited former President Joaquim Chissano at his residence in Maputo. We had a productive & constructive conversation with this great African statesman,” Rugunda tweeted on Monday.

The Summit being organized by Corporate Council on Africa and the Government of Mozambique under the theme, “Advancing a Resilient and Sustainable U.S.-Africa Partnership” will ran from June 18 to 21, 2019.

Filipe Nyusi, the President of the Republic of Mozambique will open the Summit which will be attended by some other African Heads of State including; Mswati III, Kingdom of Eswatini; H.E. Paul Kagame, President, Republic of Rwanda; H.E. Hage Geingob, President, Republic of Namibia.

Other Presidents that have confirmed attendance are: Uhuru Kenyatta (Kenya), Guinea  H.E. José Mário Vaz (Guinea-Bissau), Peter Mutharika (Malawi), Edgar Lungu (Zambia), Mokgweetsi Masisi (Botswana), Emmerson Mnangagwa (Zimbabwe) and Teodoro Mbasogo (Equatorial Guinea).

The Summit will provide a platform for U.S. and African business and government leaders to engage on key sectors including agribusiness, energy, health, infrastructure, ICT, finance and more.

Private sector and government decision makers will be able to network, meet potential business partners and explore new business opportunities. Delegates will also be encouraged to help shape effective U.S.-Africa trade and investment policies.

The summit is coming against the backdrop of a renewed commitment by the U.S. administration and African governments to develop business-friendly initiatives and policies that foster greater economic engagement since the last U.S.-Africa Business Summit in 2017.

“This month’s Summit is specifically designed to facilitate and elevate business-to-business and business-to-government engagement,” according to the organizers.

“The Maputo event will address today’s most important challenges to investors in Africa by facilitating high-level roundtables, sector-focused discussions, as well as private meetings”.

Besides country forums discussing doing business in Africa, there will be countless opportunities to meet new business partners.

CCA’s U.S.-Africa Business Summit is regarded as one of the essential conferences on doing business and investing in Africa.

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