USTDA and AIF showcase Women as investment champions

The U.S. Trade and Development Agency (USTDA) and African Development Bank’s Africa Investment Forum (AIF) co-hosted a forum of 40 women leaders who are delivering high-quality solutions for Africa’s infrastructure needs. The forum took place during last week’s U.S.-Africa Business Summit, in Marrakech, Morocco.

During the forum, USTDA and AIF showcased how their existing partnership advances women-led sustainable infrastructure in Africa. The closed-door gathering brought together women leaders from Africa’s private sector, the U.S. government, and international development finance agencies. It also supported the U.S. government’s Prosper Africa initiative to increase trade and investment between African nations and the United States.

“It is critically important to bring together women to talk about opportunities in infrastructure development and getting access to capital,” said Enoh T. Ebong, USTDA’s Director. “Our partnership with AIF will facilitate women’s entrepreneurship in Africa and spark the development of sustainable infrastructure in support of Africa’s long-term growth.”

AIF Senior Director Chinelo Anohu lauded the transaction-focused nature of the partnership.

“Today, we have been discussing the obstacles to investment, and how to surmount them. We also considered how to build partnerships across agencies, and how to share deal flows and collaborate on the missing pieces that will enhance infrastructure investment to the continent. This is a collaboration that we will continue as we head to the Africa Investment Forum 2022 Market Days in Abidjan in November, and to the U.S.-Africa Leaders Summit in December.”