How to Invest in Africa
The African Forum on Corporate Social Responsibility
Africa has always brimmed with potential. Its dynamic history, tapestry of cultures, and varied geography have both preserved its rich vitality and to some extent, created barriers to the continent reaching its full potential. It is the world’s fastest-growing region for direct foreign investment, yet investors in the United States are still reluctant to dive in.
Among other apprehensions for US businesses, security risks and logistical challenges are key concerns that will ultimately require commitment to collaboration to tackle. As standard models of development fall by the wayside, leaders working in the field recognize that inventive solutions centered around multi-sector engagement must materialize to solve the region’s—and the world’s—biggest problems.
In February 2019, the U.S. Chamber of Commerce invited United Nations branches, international NGOs, African ambassadors, and leaders in the business world to learn about its newly published report, Purpose and Prosperity: How U.S. Businesses are Creating Impact in Africa. The report recognizes that only through collaboration between the public, private, and social sectors, or tri-sector partnership, can we meet goals such as zero hunger and education for all.
