Africa is the second largest continent in the world with a surface area of 20.5 percent of the total land area. With 54 fully recognized independent states, and nine (9) territories, Africa has an estimated population of 1.4 billion, rich and endowed with 65% of the world’s mineral reserves ranging from bauxite; cobalt; diamonds; phosphate rocks; platinum-group metals (PGM); vermiculite; and zirconium. Other minerals includes aluminum; chromite ; copper; gold; iron ore; steel; lead (Pb); manganese ;zinc; cement; natural diamond; graphite; phosphate rock 31; coal; mineral fuels (including coal) & petroleum; uranium, and other undiscovered minerals.

Despite the abundances of wealth, Africa remains one of the developing continents in the world. As the demand for raw materials and energy sources such as natural gas, crude oil, and other, the need to promote trade and technology transfer between American corporations and African governments and entrepreneurs can not be over emphasized.

Against the backdrop, the idea for the creation of the US-African Chamber of Commerce was born. Chief Mpaka Princewill, Chairman of US-African Chamber of Commerce pioneered the idea, and was enthusiastically embraced by fellow entrepreneurs. Our goal is to promote economic development in Africa by facilitating American business investments in Africa through technology transfer and fair trade based on democratic values and human rights. Click here to read the economic profile of African countries and investment opportunities.