President Barack Obama's Advisory Council on Doing Business in Africa (PAC-DBIA) launched a mission Monday to gather facts on commercial opportunities and challenges in Nigeria and Rwanda.
Members of the council, which is chaired by U.S. Secretary of Commerce Penny Pritzker, are traveling to the African countries to enhance economic engagement between the United States and Africa.
“President Obama and I are convinced that the American private sector, working in partnership with the African business community, can help address some of the continent’s most-pressing challenges, including building modern infrastructure, creating jobs and opportunity for young people and expanding access to education and the Internet,” Pritzker said. “When we think about the economic potential of countries across Africa—and Nigeria is absolutely at the top of that list—the imperative that we all face is to promote economic growth and opportunity at home, and deepening our mutually beneficial ties of trade and commerce is not just a nice to have, it is a must-have for all of us.”
The PCA-DBIA was established in 2014 to advise the President on ways to strengthen commercial engagement between the United States and nations on the continent of Africa. Council members include representatives from small, medium and large companies across a variety of industry sectors.