Speeches Shim
It’s a long way from the arid countryside of West Africa to cosmetic stores in the United States, candy shops in Europe and beyond. What links them is the nut of the shea tree — and entrepreneurs like Rita Dampson. Read more about Rita's work and the shea nut's voyage from Ghanian village to global market.
U.S. based company, INTL FCStone hosted a landmark seminar that addressed challenges with regional commodities trading and outlined a viable roadmap to strengthen Africa’s ability to trade and drive economic growth. The seminar, which took place in Livingstone, Zambia, was made possible through a Public Private Partnership with INTL FCStone and the United States Agency for International Development (USAID).
With support from the United States Agency for International Development’s (USAID) Southern Africa Trade and Investment Hub, the Government of the Republic of Zambia’s Minister of Commerce, Trade and Industry, Honorable Christopher Yaluma, today officially launched a strategy to ensure Zambian businesses are better positioned to take advantage of the United States’ African Growth and Opportunity Act (AGOA). With the potential to increase trade between Zambia and the United States, AGOA offers duty-free access to the U.S. market from Africa for over 6,500 products and was designed to boost trade and economic growth across the continent.
The Southern African Structured Trade Seminar will take place in Livingstone, Zambia from June 26-29 2018. The three day seminar, focused on the finance and risk management of commodity trading, is a landmark event organized by the USAID Southern Africa Trade and Investment Hub and U.S. based corporate partner INTL FC Stone. Designed to strengthen the capacity of participants to understand structured trade and finance platforms including commodity exchanges and warehouse receipt systems, the partnership between USAID and private sector sponsors epitomizes the potential of the enterprise-led development approach.
So what does it take to get that cup of coffee to you? From efficient farm management to the transport system of trucks, planes and cargo ships that ride on the backbone of roads, weigh stations, ports and efficient border crossings, an entire infrastructure is necessary to ensure that the coffee crop meets your cup. But there’s much more to the story.” Read more from USAID’s Scott Cameron in this new feature on the Impact Blog.
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