* Country profiles
* Investors seeking partners
* Research
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* Project implementation and monitoring
* Recruitment and human resource development

A handful of important trade agreements, allowing investors preferential access to industrialized
markets for products exported from sub-Saharan Africa, are also making a difference.
The African Growth and Opportunity Act, for example, offers 35 countries in the region
duty-free and quota-free US market access for basically all products, The Cotonou Agreement
offers tariff and quota free access for industrial and almost all agricultural. A recent report
by MIGA and the United Nations Conference on Trade and Development (UNCTAD)
found that these trade agreements can have an overall positive impact, and often beyond the sectors
traditionally associated with the region.

Many African Governments are becoming increasingly aware of the pivotal role investment climate plays in the global competition for investment, and as a result, are beginning to focus more on areas such as open trade,more transparent laws, privatizations and other investment schemes,and fiscal incentives. The recent push to jumpstart FDI in the region through NEPAD (the New Partnership for
Africa's Development) is also contributing to increased awareness of the need for investorfriendly regulatory frameworks.

Ngozi Okonjo-Iweala, former Nigerian finance minister in Nigeria and a current director of the World Bank, gave a speech at TEDGlobal 2007. In her talk, Okonjo-Iweala notes that typical discussions about Africa focus on the negative: malaria, AIDS, poverty, civil war. But Africa is also a fertile potential source of investment opportunities. She argues that aid needs to be directed toward building up African-based businesses and an infrastructure that supports those businesses.

The spread of communication technology is key to establishing economic growth. It is often simpler to set up a cell phone network in an African country than to put in phone land lines. Cell phone subscriptions are climbing faster in Africa than anywhere else in the world, according to recent data from the GSM Association.

For many years, doing business in Africa was once perceived as a difficult and complex undertaking.
But, with fewer conflicts, more democratic elections, and economic growth rates that gradually have begun to compete with those of other developing regions, Africa is proving itself again a continent of positive change.

Africa is tipped to become the world's next investment hotspot. Be ahead of the game and get advice now. Where should you be? Which are the best investment opportunities? What are the pitfalls? How can you get reliable information?

BUSINESS IN AFRICA

Africa is without doubt the most exciting and most enchanting continent in which to do business.
The Allied African Nations Chamber of Commerce (AANCC) goal is to help everyone who wants to invest, work or travel in Africa.
If you are already doing business in Africa, we can help you grow. If you are just thinking about it, then the AANCC can help you all the way by providing you precise information data and specifications such as:

These are the kinds of question we can answer for you, ensuring you get the most from your investment into Africa.

© 2008 - Allied African Nations Chamber of Commerce. All rights reserved.


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