Corporate Council on Africa (CCA) is a membership based nonprofit organization formed in 1993 to encourage investment and business among African countries and United States. It is a trade association which gives high emphasis on enhancing commercial relationships between African nations and United States. CCA is the leading US organization dedicated to improve Africa-US business relations. It includes over 180 companies which contribute to around 85% private sector investment of US in African countries.
The members of Corporate Council on Africa already head top positions in some of the leading American corporations. They are from diverse industries with over 20 sectors, including finance, telecommunication, healthcare, power, security, infrastructure, energy and agribusiness. Corporate Council on Africa (CCA) is a great source of accessing latest and accurate information on African businesses. CCA operates with businesses, multilateral group and government organizations in order to enhance investment and trade climate of Africa which ultimately helps in raising the continent’s profile in US. The council members interact with member companies to encourage them to expand their business in Africa. CCA tries to accomplish this objective with the help of sector specific working groups, research areas, initiatives, conference, forums and advocacy programs.
Corporate Council on Africa organizes a program called US-Africa Business Center (USABC) which is sponsored by US agency for International development (USAID). The agency works to improve investment and trade between African and US economies while giving strong focus on small and medium size enterprises (SMEs). USABC gives strong emphasis on encouraging US investments in agricultural value chain of Africa. USABC mainly targets countries like South Africa, Nigeria, Kenya, Ghana and Ethiopia. The program identifies potential African partners for US companies which wants to promote their products and services in Africa. It also searches for some competitive US companies which can takeover African firms via African Growth and Opportunities Act (AGOA).
CCA strongly believes that the future success of Africa depends on the ability of its leaders and entrepreneurs in achieving development via private enterprise. That’s why CCA organizes constant seminars and programs with African and US Ambassadors, US administrative officials, African private sector members, African ministers and representatives of different multilateral agencies.