The chairman of a company developing Tatu City has been appointed to a special committee on African affairs by US President Donald Trump.
Mr Frank Mosier, the chairman of Rendeavour, was named alongside 26 other members to President's Advisory Council on Doing Business in Africa (PAC-DBIA).
The announcement was made by US Secretary of Commerce Wilbur Ross.
“The United States is making real progress in Africa and we remain a strong long-term and stable partner in the continent’s economic development, especially through the Prosper Africa initiative. We are working to find solutions to transition aid-based economies to trade-based economies and creating new pathways for mutually beneficial partnerships” said Mr Ross.
Mr Mosier, who is a long-time emerging markets investor, is from the US State of Pennsylvania and joins other executives from GE, Visa, Bechtel, Mastercard, Pfizer, IBM and other companies in the council.
The PAC-DBIA was established in 2014 to provide analysis and recommendations to the White House on strengthening commercial engagement between the United States and Africa.
The body informs US government policies and activities across the continent, particularly in advancing the economic pillar of the Trump Administration's Africa Strategy through Prosper Africa.
Prosper African is an economic initiative to substantially increase two-way trade and investment as well as support increased jobs in the United States and Africa.
US Deputy Secretary of Commerce Karen Dunn Kelley publicly announced the new PAC-DBIA appointments in a keynote address at Corporate Council on Africa’s US-Africa Business Summit in Maputo, Mozambique, last week.
Do not miss out on the latest news. Join the Standard Digital Telegram channel HERE.