Nigerian entrepreneurs attend Indiana University Kelly School of Business Incubator Program.
Rapid urbanization combined with strong economic growth, a growing middle class, and rising consumer spending has opened opportunities for investment in several growing sectors in Sub-Saharan Africa. The past decade saw the largest increase in value of U.S. exports to sub-Saharan Africa in history; U.S. goods exports have increased by 303 percent since 2000, or 11.3 percent annually (U.S. Census bureau). More than 30,000 U.S. businesses exported to the African continent in 2012, of which 92 percent were small- and medium-sized businesses (SMEs). Further, SMEs contributed nearly 40 percent of the total value of goods exports to Africa in 2012. (“Profile of U.S. Importing and Exporting Companies, 2012”. U.S. Census Bureau.)
Enabek Solutions works with U.S. and Sub Saharan African entrepreneurs looking to expand and take advantage of the rapid growth in Sub-Saharan imports and exports. Our goal is to increase client business through structured professional networking summits that enables them to exchange and share business ideas, best practices and key information while developing long-term, meaningful relationships with quality business professionals.
Enabek Solutions Networking Summits are focused on fostering collaboration to address the opportunities in agriculture, technology and education in the U.S and Sub-saharan Africa. Our summits connect people from all industries and professions with the aim of growing and enhancing their businesses locally and internationally.
The African Growth and Opportunity Act (AGOA) was signed into law on May 18, 2000 as Title 1 of The Trade and Development Act of 2000. The Act offers tangible incentives for African countries to continue their efforts to open their economies and build free markets. AGOA has been extended and reauthorized on four occasions, most recently in 2015 until 2025.
Through the Doing Business in Africa (DBIA) Campaign, the U.S. government is strengthening its commercial relationship with the continent of Africa. Under the DBIA Campaign. U.S. companies announced new deals in clean energy, aviation, banking, and construction worth more than $14 billion.
GLOBAL CITIES INITIATIVE:
The Exchange is a network of metro areas that will develop and implement regional strategies to boost global trade and investment, forge partnerships between U.S. and international metropolitan areas, and advocate for state and national policy changes.