CITD Miami Global Magazine - December 2024

VOL 1. ISSUE 2 FEATURES

18

MIAMI–AFRICA

Mayor Francis Suarez recognizes that Miami and Africa share numerous opportunities for mutual growth in trade, technology, energy, and cultural exchange. He views the Miami-Africa connection as key to the city’s global positioning as a hub for business, innovation, and culture.

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COUNTRY REPORT: KENYA

Kenya’s bilateral engagement with the United States has evolved over the years, driven by political, economic, and strategic factors. From the early post-independence years to the present, Kenya has navigated shifting global dynamics to develop a multifaceted relationship with the U.S. in trade, investment, and diplomacy.

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SUN AFRICA

Sun Africa is a Miami-based organization making a significant impact on the energy landscape in Africa. Through strategic projects, the company is reshaping the future of energy on the continent and empowering communities through the power of the sun. As Africa continues to grow, the role of organizations like Sun Africa becomes increasingly crucial.

A New Beginning…

The launch of CITD Miami Global Magazine, supported by Afreximbank, has already set a high bar with its inaugural edition. We are proud of the positive reception it received, and our team is more motivated than ever to ensure that each subsequent issue is filled with compelling stories, valuable insights, and fascinating destinations that showcase the best in trade, investment, and travel within emerging markets.

At the Center for International Trade Development (CITD) - Miami, we lead high-impact economic development initiatives focused on trade, investment, and tourism. The CITD Miami Global Magazine is a key component of this endeavor.

Hence, this magazine is more than just a publication—it is a vital tool and an instrument of economic growth. It serves as a platform for small and medium-sized enterprises (SMEs), large corporations, countries, and subnational governments to shape their narratives and embrace a world of limitless opportunities.

In this edition, you’ll find stories that explore the evolving landscape for U.S. companies operating in Africa, the significant role of corporate social responsibility in sustainable development, and a spotlight on innovative products designed to help SMEs expand into new markets. This bi-annual publication bridges a long-standing gap by amplifying opportunities between Africa and the Americas to accelerate growth and create new pathways for collaboration.

As we continue to pursue these ambitions, we remain dedicated to unlocking the untapped potential between these regions, driving economic growth, and fostering stronger connections that will shape the future of trade, investment, and travel.

KEMI AROSANYIN

PUBLISHER

CITD MIAMI GLOBAL MAGAZINE

PUBLISHER

Kemi Arosanyin

ASSOCIATE PUBLISHER

Ketsia Fernando

EDITOR-IN-CHIEF

Esther Omoyiwola

ASSOCIATE EDITOR

Desmond Alufohai

ART DIRECTOR

Andy Heren

BOARD OF ADVISORS

Larry Rice

Anthony Cambas

Catherine Medina-Agüero

Maurice Kogon

Eyidayo Adebola

CONTRIBUTORS

AIBD SA

Zuzana Brixiova Schwidrowski

Zoubir Benhamouche

Jane Lemons

Tiffany N. Comprés

Delfina Stuzynska

Chafika El Habti

Lesego Holzapfel

William Ruto

Alix Desulme

Laury Georges-Lane

Paola Issac

Eike Lauff

Petunia Thulo

Paul Njoroge

Jonathan Lechtman

Disney Ramos

Teni Majekodunmi

Sudeshna Chatterjee

Gladys Opong-Tetteh

Babacar Mbow

Alfonso Brooks

GET IN TOUCH

PARTNERSHIP INQUIRIES

info@citdmiami.org

Leveraging Innovativeness of Africa’s Youth through Startups

BY ZUZANA BRIXIOVA SCHWIDROWSKI AND ZOUBIR BENHANMOUCHE

Today, according to the World Bank’s classification, 31 out of 54 African countries outgrew the low-income category. These countries accounted for more than 80% of the continent’s GDP in 2023, according to the IMF estimates from the World Economic Database. To escape the so-called middle-income trap, countries need to shift their growth drivers from efficiency to innovation. Today, African MICs as a group are characterized by their potential, but also by limited capacities for innovation and creation of productive and green jobs.

The creation of productive jobs is the continent’s key priority as it will determine whether Africa will utilize its demographic opportunity. Currently, about 60% of Africa’s population are below the age of 25. The UN projections indicate that by 2050, Africa will account for more than 25% of the world’s population. This trend brings both enormous opportunities and challenges. While education attainments in Africa have been improving, the labor market outcomes are less impressive, with high youth unemployment prevailing in several middleincome countries and high working poverty in low-income countries.

For a large number of Africa’s highpotential youth, entrepreneurship, through startups, offers not only a chance to build sustainable livelihoods and even wealth but also to integrate into society. Many policy dimensions were discussed at the Africa Startups conference in Algiers December 2023. Below are policy options for boosting African startups.

To escape the so-called middle-income trap, countries need to shift their growth drivers from efficiency to innovation.

Beyond mobilizing additional finances, creating an African fund of funds, that is African fund investing in other funds that fund start-ups, can de-risk start-up financing by spreading out the overall funding into many different venture capital funds. This approach could draw in more risk averse investors and even attract substantial funding from the governments and thus become an effective tool of

industrial or other type of public policy. It could incentivize start-ups to strive to address major societal issues such as climate change or gender inequality while tackling Africa’s specific needs.

The fund could encourage the sharing of knowledge and skills across African countries, thus strengthening the startup landscape. It would stimulate African startups to grow, tackling the “missing middle” and the prevalence of small firms in key sectors, including manufacturing. In short, such funds for African startups could be an influential investment for the future of Africa, powering up its businesses to drive strong, connected, and lasting growth while also aligning the private sector with government objectives.

To become knowledge economies with a conducive climate for startups, African countries need to tap into their talent abroad through diaspora networks. Countries of origin can reap benefits in several ways, including through the transfer of knowledge and capital. A start-up/ innovation visa can be one of the tools for turning brain drain into brain circulation. Start-ups initiated by diaspora and/or joint ventures between nonresidents and residents could help strengthen the rule of law, and business climate and eventually create an environment where incentives to migration are less pronounced.

More broadly, African startup visa would let entrepreneurs from all over the world start firms in Africa, with a view to generate innovative business ideas. So far, adoption of this regime has been limited, even though some countries (Algeria, South Africa, Tunisia, Botswana, and Nigeria) are considering it. South Africa is currently in the process of finalizing ‘tech visa’, with the aim to attract international tech talent and support startup tech ecosystem. Given its flourishing tech scene, a startup visa in Kenya could bolster its position as a leader in African tech innovation.

Access to information, on markets, policies and regulations, technology etc., is key for startups. An “Africa startups platform” could

be impactful in this regard as it would provide startups with fast and reliable information on African economies with relevant indicators, regulations, and policies. It would also provide united start-up database with information on existing startups that could be relevant both for other or aspiring startups, investors, and policymakers.

An African Startups Business Conditions Index, based on regular surveys of startups in Africa, would help policymakers to recognize the obstacles startup face and their needs, and how they view policies. This index would facilitate design of appropriate policies, harmonize them at the continental level and improve business environment. It would also shed light on factors driving high start-up exit rates.

Climate change mitigation and adaptation are pivotal areas where African countries can launch joint R&D projects, fostering an ecosystem of startups around continental climate innovation. The challenges and opportunities presented by climate change are particularly poignant for African startups due to the continent’s vulnerability, stemming from its geographical and economic circumstances. Startups face numerous challenges, including the impact of climate change on agriculture, operational disruptions, and financial constraints. However, these challenges are matched by opportunities: the demand for innovative solutions to climate-related issues, the shift towards green technology, access to climate finance, the ability to influence policy, and the creation of jobs in new, sustainable sectors. n

Zuzana Brixiova Schwidrowski is Director of the North Africa Office at the United Nations Economic Commission for Africa (UNECA) and Zoubir Benhamouche is Economist at UNECA,

This article was originally published by The Africa Growth Initiative at Brookings Institute on September 12, 2024. Reprinted with permission.

Behind EXIM’s Growing Partnership with Africa

THE

TRADE FINANCE TEAM PROVIDING SUPPORT FOR U.S. COMPANIES EXPORTING TO AFRICA

BY JANE LEMONS

As an independent federal government agency, the ExportImport Bank of the United States (EXIM) provides trade finance tools to help U.S.-based businesses of all sizes export their goods and services to Africa.

EXIM’s support for Africa dates to 1942, when its first transaction on the continent was in Angola. Over the past decades, EXIM has been a strong and reliable financing partner for African nations and that commitment has been underscored by EXIM’s congressional mandate to promote expanded financial commitments in Sub-Saharan Africa.

Under the leadership of EXIM Chair Reta Jo Lewis, the agency has strengthened its partnership with Africa, approving approximately $4 billion in authorizations for SubSaharan Africa. That includes two of the largest renewable energy projects in EXIM history, led by Miami-based SunAfrica. The EXIM Chair has made at least seven trips to eight nations and signed six memorandums of understanding (MOUs) with African governments and financial institutions.

To support this mission, EXIM has a team of trade finance specialists who work directly with U.S. companies to

help them sell their products. EXIM supports American businesses with trade finance tools that provide short-, medium-, and long-term options. The agency is open for business in many African countries, including high-risk and emerging markets, and the latest information can be found via the Country Limitation Schedule.

EXIM’s support typically takes the form of guarantees or insurance of lender loans, mitigating risk so buyers can obtain funds at lower rates and for longer terms. To help U.S. companies access these tools, EXIM has a Global Business Development team that has

EXIM CHAIR RETA JO LEWIS, CENTER IN RED JACKET; UFO ERIC-ATUANYA, EXIM SENIOR VICE PRESIDENT OF GLOBAL BUSINESS DEVELOPMENT AND SENIOR ADVISOR FOR AFRICA, TOP RIGHT; AND TAMARA MAXWELL, EXIM ACTING SENIOR VICE PRESIDENT OF SMALL BUSINESS, STANDING IN PLAID JACKET.

extensive experience working with African nations. The team is headed by Ufo Eric-Atuanya, EXIM’s Senior Vice President of Global Business Development and Senior Advisor for Africa. He brings a background in trade and investment, international relations, and government affairs.

The Africa team also includes Benjamin Todd, Vice President for Global Business Development and Rick Angiuoni, Director for Africa.

EXIM also offers short-term

“My goal is to share my knowledge and experience, and act as an advisor to identify the best solution to successfully grow the potential export sales of each U.S. exporter”

ELENA MENDEZ, REGIONAL DIRECTOR EXIM MIAMI

financing, including export credit insurance and working capital loan guarantees. The agency’s export credit insurance reduces the risk of buyer nonpayment while providing the opportunity for U.S. companies to offer open account credit terms.

Elena Mendez serves as Regional Director, based in EXIM’s Miami office, and works regularly with small businesses. “My goal is to share my knowledge and experience, and act as an advisor to identify the best solution

to successfully grow the potential export sales of each U.S. exporter,” Mendez said.

In addition, EXIM has a SubSaharan African Advisory Committee, whose members offer advice on developing and implementing policies and programs to support engagement in sub-Saharan Africa. The committee is chaired by Jude Kearney, Managing Partner at the Washington, D.C., law firm of ASAFO & Co., a longtime specialist in African transactions.

“I think all businesses should consider exporting,” said Kearney. “Obviously, they’ll need to do their research and determine what types of returns they get in particular markets. But, as with anything, expanding your options expands the possibility that you’re going to succeed. There are no businesses in the U.S. whose products and services aren’t in demand in many other markets across all directions. So, we strongly recommend that small, medium, and all size businesses look for opportunities in foreign markets.” n

Jane Lemons is a Business Development Specialist with the Export-Import Bank of the United States.

UFO ERIC-ATUANYA, FAR LEFT; AND EXIM CHAIR RETA JO LEWIS, NEXT IN BLUE JACKET.

Building Aviation Partnerships

SENEGAL AIRPORT DRAWS INSPIRATION FROM MIA

BY AIBD SA

Miami International Airport’s (MIA) strategic position as the leading U.S. airport for international freight and the second-largest gateway for international passengers makes it an ideal hub for trade and travel between Africa and the Americas. This unique role has made Miami a model for Senegal, which is focused on upgrading its own airport infrastructure. Blaise Diagne International Airport (AIBD SA), central to Senegal’s regional air hub strategy, is expanding its initiatives and partnerships, drawing valuable inspiration from Miami’s success in linking the Americas with global markets.

To advance its mission, AIBD SA organized a visit to Miami International Airport during the 2023 US-Africa Trade and Investment Conference. This visit provided an opportunity to outline a common vision and explore potential areas of collaboration with the Miami-Dade Aviation Department. The meeting focused on freight development and cargo operations. Senegal plans to construct a new terminal dedicated to freight at AIBD SA, complementing the existing infrastructure that has already produced satisfactory results.

Also, the possibility of establishing a direct flight between Dakar and Miami was discussed. This transatlantic route

could benefit from Senegal’s geostrategic position as a gateway to West Africa, thus strengthening the connection between Africa and the rest of the world.

Developing economic activities around this direct flight route is also a key consideration. The Senegalese airport management team gained exposure to MIA’s operations, enabling a fruitful exchange of knowledge and best practices. This partnership could pave the way for the introduction of incentive programs aimed at attracting more airlines, thereby enhancing the overall appeal of Senegal’s airports.

The delegation presented fifteen flagship projects to strengthen Senegal’s position as a regional air hub. These projects aim to expand the passenger terminal at Diass Airport to increase its capacity, construct a Maintenance, Repair, and Overhaul (MRO) center, and establish the International Academy of Civil Aviation Professions (AIMAC) equipped with modern training facilities for future aviation professionals. Furthermore, the initiatives include modernizing regional airports to support the exploitation of oil & gas, and agricultural resources, as well as developing an aerocity focused on non-aeronautical activities around the airports. n

Miami-Africa Connection

THE PERSPECTIVE OF MAYOR FRANCIS SUAREZ

The previous edition of this magazine highlighted Miami’s strategic position as Africa’s gateway to the Americas. In this interview, The Honorable Francis Suarez, Mayor, City of Miami, Florida advances the conversation, explaining how the city can play a pivotal role in enhancing global market access for Africa. He also shares insights into the framework that has helped Miami thrive as both an economic powerhouse and a global city.

As Mayor who has championed a friendly business environment in Miami, can you share a success story about how your pro-business mindset has impacted the city?

Over the past few years, one of the clearest success stories has been the influx of tech and financial companies relocating to Miami. Our efforts to streamline regulations, reduce taxes, and foster a pro-business climate attracted major players like Blackstone, Founders Fund, and SoftBank. These companies brought thousands of high-paying jobs, diversifying our economy, which was traditionally tourismdriven. The creation of “Miami Tech Month” and the city’s growing appeal as a tech hub are great examples of how this mindset has translated into tangible results.

During your administration, we have seen an upward trend in corporate and capital relocations to Miami. What has been the driving force behind this economic momentum?

The driving force has been Miami’s unique mix of affordability, business-friendly policies, and quality of life. Companies have found that Miami not only offers favorable tax policies but also serves as a gateway to Latin America, Europe and Asia making it attractive for global business. Our city’s resilience during the pandemic showcased that we are open for business, and with remote work gaining momentum, executives and entrepreneurs are choosing Miami as a place where they can work and live comfortably. Our investments in infrastructure, education, and safety have further supported this economic momentum. What role do diplomatic relations play in strengthening Miami’s connections with other countries?

Diplomatic relations are absolutely crucial to Miami’s role as an international city and global destination. Miami hosts a large number of consulates and trade offices, which facilitate

relationships between foreign governments and businesses. These connections are key to fostering trade, tourism, and investment. We regularly engage with foreign leaders and diplomats to strengthen partnerships, and these ties make Miami a preferred destination for international business. Miami has established itself as a pivotal hub for trade, finance, and tourism with Latin America and the Caribbean. How do you envision Miami expanding its role to replicate a similar level of connectivity with Africa?

As we look to replicate our success in Latin America and the Caribbean, Africa presents an exciting opportunity. Miami can serve as a logistical and financial bridge between Africa and the Americas, much like it already does with Latin American markets. We can build on existing trade relationships and seek partnerships with African nations to establish Miami as a conduit for goods, services, and investment. By leveraging Miami’s strategic location and its expertise in trade and finance, I see us playing a pivotal role in the growing economic ties between Africa and the U.S.

Since Miami is a multicultural community, what assistance does the City of Miami provide to minority businesses including the African and the Caribbean communities?

Miami is proud of its diversity, and we are committed to supporting minority-owned businesses. We offer programs

that provide access to capital, mentorship, and resources for small businesses, particularly in underserved communities. We also work closely with organizations that represent African and Caribbean business interests, helping to ensure they have the tools to thrive. We offer resources specifically designed to assist minority entrepreneurs in navigating the local business environment and expanding their reach.

Given that Miami is the second-largest financial hub in the United States, how does this status enhance the city’s ability to foster stronger economic ties and trade relationships with African markets?

Miami’s position as a leading financial hub makes it an ideal gateway for African markets looking to enter the U.S. or Latin America. Our strong financial sector, which includes international banks, private equity firms, and venture capitalists, can facilitate investments between the U.S. and African countries. The city’s multicultural business community is also well-positioned to understand and bridge cultural and business practices, making Miami a natural partner for African markets looking to expand. As we enhance our diplomatic and trade relations with African nations, we’re confident that Miami’s financial sector will play a key role in supporting economic growth on both sides. n

Miami: International Arbitration Center of the Americas

HOW MIAMI BECAME A HEMISPHERIC HUB FOR DISPUTE RESOLUTION

BY TIFFANY N. COMPRÉS

While Miami is renowned for its beaches and vibrant nightlife, it has also become a key hub for international law and particularly international arbitration. Its strategic location, diverse population, and strong legal framework have made it the second most popular arbitration seat in the U.S., especially for cases involving Latin America.

In 2023, 27% of ICC proceedings included parties from the Americas, with Mexico leading at 111 parties. Additionally, 24% of arbitrators in global cases hail from the Americas. For these parties, Miami’s geographic and cultural position as a bridge to Latin America makes the city a natural choice for disputes related to the region. The city is easy to access, offers state-of-the-art arbitration facilities, and access to skilled, multilingual legal professionals at a fraction of the cost of New York City. Its cultural connections to Latin America and direct flights from major cities lead Miami to surpass New York City as the top U.S. arbitration seat for 2021. In 2023, the American Arbitration Association reported that Miami was the seat in 91 cases, with numbers expected to grow.

Miami’s legal framework is particularly favorable to international arbitration. Florida was the first state to pass legislation specifically for international arbitration in 1986—the Florida International Commercial Arbitration Act (FICAA), which mirrors the U.N. Model Law. Since 2005, Florida’s bar rules allow parties to use foreign counsel, further boosting Miami’s role as an arbitration hub that respects party autonomy.

In 2013, Miami became one of the first U.S. cities with a state court division dedicated to international arbitration disputes, including specialized judges. Only two other states can claim similar courts. With respect to federal courts, the Eleventh Circuit Court of Appeals, which includes Florida, is recognized as one of the most favorable in the nation for international arbitration.

The Miami International Arbitration Society, founded in 2008, and the city’s universities have only added to Miami’s reputation as an intellectual center. They have promoted Miami as a site for major conferences, like the ICC’s annual Miami conference, now in its 22nd year, and publish

academic journals dedicated to international arbitration. Ultimately, it is thanks to the collaborative efforts of Miami’s international arbitration community that Miami has emerged as a dominant force in handling Latin American international arbitration disputes, successfully competing with leading global players.

At Pierson Ferdinand, LLP our international arbitration team, co-chaired by Tiffany N. Comprés, brings together a diverse range of skills and experience. Our international arbitration team offers multilingual professionals fluent in languages such as Spanish, Portuguese, Russian, French, and English. Trained in both common law and civil law systems and based in Miami, New York, and D.C., our partners regularly serve as counsel and arbitrators before major institutions like the ICC and AAA.

We also handle enforcement and ancillary proceedings, drawing from our experience in precedent-setting cases like LLC SPC Stileks (successor in interest to Komstroy LLC) v. Republic of Moldova. Several of our attorneys are boardcertified by the Florida Bar in international arbitration and in international law, ensuring our team remains at the forefront of its practice.

We deliver tech-driven efficient results, using our extensive experience and deep understanding of international arbitration to serve global clients across diverse industries, including agriculture, food and beverage, shipping, oil and gas, energy, construction, and shareholder disputes. n

TIFFANY N. COMPRÉS, FOUNDING PARTNER OF PIERSON FERDINAND LLP.

Morocco: Country of Honor

CELEBRATING THE “KINGDOM OF TASTE” AT THE 2024 AMERICAS FOOD AND BEVERAGE SHOW

BY KEMI AROSANYIN

The Americas Food & Beverage (AF&B) Show, organized annually by the World Trade Center Miami, remains one of the largest global market access platforms for the food and beverage industry, providing market growth opportunities for U.S. companies and helping exhibitors from all over the world to discover new markets.

With over 10,000 attendees from 120 countries, more than 700 exhibitors and 20 pavilions, the 28th edition of the Show, which was held from September 16-18, 2024 at the Miami Beach Convention Center, was another recordbreaking and successful year. Co-located with Food & Hospitality LATAM (FHL), powered by Informa Markets –a leading exhibition organizer in Latin America, this brought together two major food industry exhibitions under one roof for 3 days. The collaboration created a much bigger landscape for the culinary sector, and it raised the bar for organizing food and beverage industry trade shows going forward.

The Kingdom of Morocco was selected as the official Country of Honor for the AF&B Show this year. As such, Morocco enjoyed all the privileges associated with being a country of honor which included exclusive prominence and branding, center stage demonstrations, speaking opportunities, and social media spotlights. Given its efforts to support Moroccan businesses in the agricultural and agri-food sectors to access international markets, Morocco Foodex - the national government agency responsible for export development, coordinated the participation of seven companies to showcase their high-quality products at the event.

“Being named the Country of Honor at the 2024 Americas Food and Beverage Show is an exciting opportunity to showcase Morocco’s world-class agricultural products, which are already well-known in Europe,” says Chafika EL HABTI, the Consul General of the Kingdom of Morocco in Miami.

Prominently branded as “Kingdom of Taste”, one of the highlights of Morocco’s participation at the show was Chef Yasmina Ksikes taking the center stage to present “Tajin”, a traditional Moroccan cuisine typically made with sliced meat, poultry or fish braised with garlic, onion, olives together with vegetables, dried fruits, nuts, and spices such as ginger, cumin, turmeric, cinnamon, and saffron, slowly cooked in a special pot. A truly immersive experience for hundreds of buyers who visited the booth to discover the country’s rich culinary flavors and gastronomic heritage.

Morocco continues to build on its strong momentum with the U.S., particularly through its growing ties with Miami-Dade County. It is the only African nation with a free trade agreement with the United States. The country recently established a full Consulate in Miami to strengthen diplomatic and economic ties with the Americas. Also, Royal Air Maroc - the nation’s national carrier, is the only African airline operating direct two-way passenger flights from Casablanca to Miami.

With a free trade agreement in place, a direct flight, a full consular mission, and an outstanding participation at the 2024 AF&B Show, Morocco solidifies its position as a hub for U.S. businesses seeking entry into Africa, the world’s fastest-growing emerging market. n

The Moroccan Diplomatic Presence

Chafika El Habti, the Consul General of the Kingdom of Morocco in Miami, is an accomplished Diplomat and Minister Plenipotentiary. She began her assignment in Miami in January 2024. Before that, she served as Consul General in OrleansFrance, Director of Public Diplomacy and Non-State Actors at the Ministry of Foreign Affairs, and she is a Founding member of the Moroccan organization “the Ombudsman for Democracy and Human Rights (DDH Mediator).

What made Miami the ideal location for the Consulate of Morocco?

Miami is a fantastic city! A little paradise, of course but it’s the city’s geography that truly stands out. Miami is a strategic hub, connecting the Caribbean, Latin America, and North America, and its economy reflects that, along with its cultural diversity. People come to Miami because they are ambitious and driven to achieve great things, and that energy aligns perfectly with Morocco’s own spirit of innovation and progress.

Miami residents love life, they work hard, enjoy dancing, and savor great food. That resonates with Moroccan culture. Both Moroccans and Miamians are entrepreneurial, and I believe these shared values will create strong synergies. My goal is to connect these dynamic people with Morocco, and I’m confident we can achieve great things together.

What is the primary mission of the Consulate, and how will you, as the Consul General, strengthen Morocco’s influence in the region?

Rather than focusing on influence, I prefer to think in terms of connections. My mission is to strengthen the historic ties between Morocco and the United States, dating back to Morocco being one of the first countries to recognize U.S. sovereignty.

My role is to enhance these connections on multiple fronts business, cultural, and political. I have several strategies in mind to achieve this, from providing top-tier services to Moroccans living in Miami and the southern U.S., to raising awareness of the vast business opportunities available in Morocco. Ultimately, my mission is about building relationships that will benefit both our countries and our people.

How will Morocco leverage its free trade agreement with the U.S. and its role as the Country of Honor at the 2024 Americas Food and Beverage Show to improve trade between the two markets?

Morocco is the only African nation with a free trade agreement with the U.S., and we are also a key player in the African Continental Free Trade Area, which represents a market of over 1.2 billion consumers. This makes Morocco the true ‘Gateway to Africa’ for U.S. companies seeking access to this vast market.

As the Country of Honor at the 2024 Americas Food and Beverage Show, this is an opportunity to introduce more Americans to the high-quality Moroccan goods. Moroccan food is sadly quite hard to find on this side of the Atlantic. Hence, showcasing Moroccan produce, such as tomatoes and fish, which are incredibly popular in the European markets, can help Americans discover some of the Moroccan delicacies I haven’t found on sale here. If anyone knows where I can get good ‘Amlou’ in America, I really want to hear from them!

Are there specific sectors or products with high trade growth potential between Morocco and the U.S., especially considering Royal Air Maroc’s direct flights?

Royal Air Maroc offers the only direct passenger flight linking Miami to Africa, providing a major advantage for promoting business and cultural exchange between the regions. The Miami to Casablanca flight takes just 8 hours—only 2 hours longer than flying from Miami to San Francisco. This accessibility creates new opportunities, not only for tourism but also for business professionals seeking to pursue ventures, build connections, and create value. We’ve already seen significant partnerships emerge: Tesla has chosen Morocco to produce its main transmitters, and Boeing’s investment in Morocco is generating over $1 billion annually. Sustainable energy is another promising sector because Morocco is home to the Noor Power Plant - one of the world’s largest solar farms. Our automotive industry

has also positioned Morocco as Africa’s leading exporter of automobiles.

If you could choose one Moroccan product to charm the people of Miami, what would it be?

There are several products that could capture the attention of Miami residents, including our cuisine and the traditional hammam experience.

However, if I had to choose just one, it would be argan oil. It’s a remarkable product that appeals to two areas of great importance to both Morocco and Miami: food and beauty. Made through a labor-intensive process from nuts that grow almost exclusively in Morocco, argan oil is a prized ingredient in many health and beauty products. In its pure form, it’s wonderful for both skin and hair. I believe argan oil, with its dual benefits of enhancing beauty and enriching cuisine, would be a perfect fit here. n

Connecting Continents with Each Bottle

MOEDI WINES: BRINGING SOUTH AFRICA’S FINEST WINE TO THE U.S. MARKET

BY LESEGO HOLZAPFEL

When you think of Africa, images of vast landscapes, vibrant cultures, and rich stories come to mind. Now, one of those stories is being told through Moedi Wines, a female-owned African wine brand making a powerful entrance into the U.S. market.

Founded by Lesego Serolong Holzapfel, Moedi Wines is redefining South African wine culture on the global stage.

Moedi, meaning “water” in Setswana, draws inspiration from the San people of the Kalahari, one of the world’s oldest cultures. Just as water sustains life, Moedi’s wines bring people together in celebration and connection. This philosophy reflects Africa’s rich heritage and the global appeal of South African wines, renowned for their bold flavors and exceptional quality. As Moedi enters the U.S. market, it brings a unique proposition: merging African authenticity with international tastes. Sourced from the acclaimed Swartland wine region, Moedi’s collection offers rich, complex flavors tailored for American palates.

Moedi Wines is not just another South African brand; it’s a movement making waves in the U.S. market amid the rising demand for purpose-driven brands. Crafted from the finest Swartland vineyards, Moedi Wines delivers exceptional

quality with depth and complexity, ensuring a premium offering for wine enthusiasts. At its core, Moedi prioritizes environmental and social impact through responsible farming practices, dedicating 10% of profits to support orphaned children’s education and empower rural African beekeepers.

Although South African wines are well-known in the U.S. market, Moedi arrives at a time when consumers are craving distinctive flavors and tastes. Among its offerings are the Chenin Blanc 2022, featuring vibrant notes of tropical fruit and green apple; the Rosé 2023; the Shiraz 2022; and the Cap Classique, a festive blend of 75% Chardonnay and 25% Pinot Noir, ideal for special occasions.

Moedi Wines is the recipient of the 2024 Gilbert & Gaillard Gold Award. It embodies the spirit of Africa, crafted for an international audience that values sustainability and quality. As Moedi expands into the U.S., it aims to build lasting partnerships with American distributors, retailers, and consumers who appreciate not only good wine but brands with a powerful mission. By celebrating Africa’s essence while meeting the demands of the global wine market, Moedi Wines is positioned to become a cherished addition to American homes and wine collections. n

Navigating Economic Growth and Prosperity in a Polycrisis World

PERSPECTIVES

FROM THE AFRICARIBBEAN TRADE AND INVESTMENT FORUM

BY KETSIA FERNANDO

Each year, thousands of influential leaders and business executives from Africa and the Caribbean come together at the AfriCaribbean Trade and Investment Forum to drive market integration and foster economic collaboration between the two regions. Organized by Afreximbank, this year’s forum was held in the Bahamas and centered on the theme “Uniting on the Platform of Global Africa.” We present excerpts from one of the key panel sessions “Navigating Economic Growth and Prosperity in a Polycrisis World,” moderated by CNN’s Eleni Giokos, edited for brevity. Panel (from Left to Right):

Moderator: Eleni Giokos, Correspondent, CNN

Panelists:

Mr. John A Rolle, Governor of the Central Bank of Commonwealth of Bahamas

Prof. Yemi Osinbajo, Former Vice President of Nigeria

Dr. Donald P. Keburuka, Former President African Development Bank Group

Dr. Howard Nicholas, Senior Lecturer in Economics at the Erasmus University of Rotterdam

Mr. Denys Denya, Senior Executive Vice President, Afreximbank

Hon. Kevin Greenbridge, Governor, Central Bank of the Barbados

Contributor (Virtual): Prof. Jeffrey David Sachs, Economist and Public Policy Analyst, Professor at Columbia University.

Jeffrey Sachs: The most pressing issue for Africa is achieving unity. In a world dominated by large players like China, India, the United States, and Europe, Africa needs to consolidate its 1.4 billion population, which will potentially grow to 2.5 billion by mid-century, to become a major global force. However, the legacy of colonialism left Africa as 54 separate countries, which hampers its geopolitical influence, risk premium, scale of investment, and industrial capacity.

The African Union (AU) becoming the 21st member of the G21 is a significant step, but it’s not being leveraged effectively. Africa must assert its influence on the global stage, especially in restructuring the global financial architecture, which currently disadvantages smaller and poorer nations through outdated credit rating methodologies. These countries are often rated lower, not due to poor growth prospects— Africa, in fact, has strong growth potential—but due to the use of standards that fail to account for economies of scale.

Ultimately, Africa’s turn for economic growth has long been overdue. It’s time for the continent to pursue a trajectory of high growth, high investment, and robust financing. This requires a united front among African leaders and institutions, recognizing that a strong union in a world of major global players is key to achieving these breakthroughs. Given the AfriCaribbean cultural, historical, and economic connections, how difficult is it to craft effective policies in the face of global crises, especially when major powers are adopting inward-looking approaches?

Mr. Rolle: The Caribbean nations, being small economies, often find themselves on the receiving end of global shocks. We cannot influence these shocks, such as inflation, which increases demand for foreign exchange and affects the cost of servicing public debts. Consequently, we must adjust our domestic interest rates in response to international trends. Our economies, heavily reliant on tourism, are further impacted by geopolitical tensions, fuel costs, and disruptions in supply chains, which reduce tourists’ disposable income and spending capacity. To build resilience, we focus on diversifying our economies—not necessarily by creating new industries but by expanding opportunities within existing sectors.

How would you assess the global challenges affecting Nigeria’s capacity to sustain and expand its economic influence?

Prof. Osinbajo: The key issue in Nigeria is managing multiple challenges simultaneously to identify suitable solutions. Our primary focus is to translate our potential into reality. One effective way to achieve this is by creating an environment that encourages private sector investment.

While global challenges exist, our main concern is not these external headwinds but rather addressing our internal issues. We must address these domestic issues to maximize our economic potential. The Dangote refinery, the largest singleline refinery in the world, exemplifies the power of private sector involvement in achieving major projects. It shows that the private sector can attract capital more efficiently than the government and can drive significant developments. What governance model could effectively unify Africa’s voice, especially considering the African Union’s ongoing reforms?

Dr. Keburuka: The African Union (AU) has been working on extensive reforms, but it still faces some structural deficiencies. Rather than abandoning the AU in favor of global institutions, Africa should focus on addressing these deficiencies and enhancing its own institutions. Global institutions often have their own agendas and may not always align with Africa’s needs. In addition to strengthening African institutions, it is essential to build stronger

connections within the Global South. This approach, which might be described as regionalized globalization or “polyglobalization,” recognizes that the current global model often fails to benefit Africa.

Based on the need to increase the capacity of African institutions like Afreximbank, is this achievable, and what do you need to make it happen?

Denys Denya: Absolutely, scaling up is essential to turn potential into reality. Our ability to support companies rely on the capital provided by our shareholders. During the pandemic, we secured $2 billion in guarantees to bring vaccines to the continent, and in return, African governments raised their equity in the Bank by $2.6 billion to strengthen the institution. We need African solutions to Africa’s problems, which means raising funds from within the continent, such as deposits from central banks, and leveraging those to secure additional funding to tackle various challenges. Therefore, we indeed require stronger institutions to provide the necessary capital and funding. n

Driving Growth in Cruise Tourism

POSITIONING THE PORT OF MOMBASA AS A GATEWAY TO KENYA’S VIBRANT TOURISM INDUSTRY

BY WILLIAM RUTO

As the largest and busiest seaport in East Africa, the Port of Mombasa is more than just a hub for trade and logistics; it is poised to become a cornerstone of Kenya’s vibrant tourism industry. With a strategic location, modern infrastructure, and a skilled workforce, Mombasa’s port is set to redefine its role, connecting not just goods but also people to the breathtaking experiences Kenya has to offer.

In the past year, the port has demonstrated remarkable resilience, with cargo throughput increasing by 6.2 percent, reaching nearly 36 million metric tons. This growth, propelled by a 14.8 percent rise in containerized cargo, underscores our commitment to efficient operations and modernization. Looking ahead, we anticipate another record year in 2024, with an expected increase of over 200,000 TEUs in container handling. This is evident in the port’s performance between January to October 2024 in comparison to the corresponding period in 2023, having recorded a positive performance in Cargo throughput, Container, Transit and Transhipment traffic exceeding the corresponding period by 13.9%, 24.2%, 20.2%, and 171.9% respectively.

In line with the current 10-month performance, by the end of 2024, projection shows that the Port of Mombasa is likely to handle 40.535 million tons in cargo throughput, 1.972 million TEUs in Container traffic, 480,241 TEUs Transhipment traffic and 13.416 million tons in transit traffic.

We are thrilled by the record performance. However, our vision extends beyond cargo. The Port of Mombasa is strategically positioned to become a key entry point for international tourists, enhancing Kenya’s global competitiveness as a premier tourist destination. The recently constructed ultra-modern Cruise Terminal signifies a new era for Mombasa, not only bolstering our cargo operations but also attracting cruise tourism.

Tourism is a critical driver of our economy, and by positioning Mombasa as a gateway to Kenya’s diverse attractions, we can significantly boost regional tourism. Our aim is to create a seamless experience for international visitors, allowing them to explore our pristine beaches, iconic wildlife, and rich cultural heritage right from the moment they step off the ship.

Under my leadership, the Kenya Ports Authority is committed to transforming the Port of Mombasa into a world-class maritime gateway. We are investing in strategic partnerships and continuous innovation to ensure that the port thrives. This vision includes welcoming more cruise vessels, enhancing visitor experiences, and showcasing the warmth and hospitality of our coastal city.

In the first quarter of this year, the Port welcomed cruise vessels MV Norwegian Dawn, MSC Poesia, and World Odyssey, carrying 2,300, 2,500, and 585 tourists, respectively.

With Mombasa being the only Safari Port along the Indian Ocean, offering strong transportation links to the city and Moi International Airport, visitors can enjoy the warmth of our communities. From the moment they arrive, tourists can engage themselves in the local culture and indulge in the beauty of our beaches. Whether it’s a leisurely stroll along the shoreline or an adventure in our national parks, Mombasa offers something unique for every traveler.

As we look to the future, I am confident that the Port of Mombasa will not only continue to be a hub for trade but will also emerge as a vital player in Kenya’s tourism landscape. Together, we can position our nation as a leading destination in Africa, showcasing our natural beauty, cultural richness, and the unparalleled experiences that await every visitor. The journey has just begun, and the potential is limitless. n

Captain William K. Ruto is the Managing Director of Kenya Ports Authority

CAPTAIN WILLIAM K. RUTO

Power Launch

THE OFFICIAL LAUNCH OF CITD MIAMI GLOBAL MAGAZINE AT THE AFRICARIBBEAN TRADE AND INVESTMENT FORUM IN THE BAHAMAS

BY CITD-MIAMI

After months of preparation, the grand launch of CITD Miami Global Magazine at the AfriCaribbean Trade and Investment Forum (ACTIF2024) in The Bahamas was an exciting moment for the entire team and board of Center for International Trade Development (CITD) – Miami, the publisher of the magazine.

At 3:35pm eastern time on June 12th, following a countdown from five, the tape was cut by Ms. Kanayo Awani, Executive Vice President at Afreximbank, to unseal a brand-new magazine dedicated to promoting trade, investment and travel, with a special focus on emerging markets.

Joining her on the stage before a packed audience were Ms. Matimba Changala, Manager at Afreximbank, Mr. Desmond Alufohai, Director of Protocol and International Affairs at Miami Dade Aviation Department, and Ms. Kemi Arosanyin, Center Director at CITD –Miami.

The strategic importance of the Forum makes it an ideal platform for launching the biannual print and digital publication designed to support economic development in rising economies, particularly Africa and the Caribbean. The Forum is held annually by Afreximbank, a prominent PanAfrican institution driving Africa’s

growth and development. Its purpose is to facilitate trade and investment dialogue between the Caribbean, Africa and the wider diaspora – on the platform of Global Africa.

“In this fast-paced global economy, the need for reliable and insightful information is paramount,” says CITD-Miami Board Chair, Larry Rice. “Thus, the inspiration behind this endeavor is to serve as a beacon of knowledge, providing valuable insights into bankable investment prospects and captivating tourism destinations in Africa and the Caribbean,” Larry says.

The first edition of the magazine certainly delivers on those promises:

MATIMBA CHANGALA, MANAGER AT AFREXIMBANK, KANAYO AWANI, EXECUTIVE VICE PRESIDENT AT AFREXIMBANKM, KEMI AROSANYIN, CENTER DIRECTOR AT CITD-MIAMI, AND DESMOND ALUFOHAI, DIRECTOR OF PROTOCOL AND INTERNATIONAL AFFAIRS AT MIAMI DADE AVIATION DEPARTMENT.

featuring different aspects of socioeconomic development, providing fresh perspectives on visibility and market entry strategy for products and services while connecting individuals and organizations to the heartbeat of global competitiveness. The interesting articles on various aspects of international trade and economic development, the look and feel, the visually striking design, and the layout of the magazine have captured the reader’s attention and elevated the overall reading experience, thereby gaining the endorsement of investors, political leaders, business executives, industry experts, and social influencers around the world.

The inaugural edition reflected on the role of Miami as the hemispheric gateway to Africa. It showcased African companies doing business in the United States – Royal Air Maroc, HopYatchs, and Ceres Fruit Juices to name a few. As a critical tool and resource for our diverse readership across the United States, Canada, the Caribbean, Europe, and Africa, the future editions of CITD Miami Global Magazine will feature articles about American companies operating in Africa, thereby leveraging this platform to share their experiences and impact on the continent.

Each edition of the magazine will draw on the expertise of experienced writers and historians to describe Africa’s most hidden tourism treasures,

while spotlighting “48 hours in specific travel destinations.” In addition to covering the investment landscapes in key locations, a special section for SMEs would highlight “new-tomarket” products and services.

While various standalone trade, investment or travel magazines exist in

the marketplace, CITD-Miami Global Magazine is unique. Each publication presents quality and valuable information on these three components and much more, tapping into the growing appeal of borderless commerce to entrepreneurs, investors, world travelers, and to the global audience who are yearning for new initiatives. n

“The inspiration behind this endeavor is to serve as a beacon of knowledge, providing valuable insights into bankable investment prospects and captivating tourism destinations in Africa and the Caribbean.”

LARRY RICE, CITD-MIAMI BOARD CHAIR

ALIKO DANGOTE, CHAIRMAN AND CEO, DANGOTE GROUP

Honoring the County Mayor

RITES OF PASSAGE CEREMONY FOR THE HONORABLE DANIELLA LEVINE CAVA OF MIAMI-DADE COUNTY

BY DESMOND ALUFOHAI

On June 9th, 2024, the African Diaspora community in South Florida convened at the Arts and Recreation Center (ARC), Opa-Locka, Florida, to honor Mayor Daniella Levine Cava of Miami-Dade County, and to proclaim her as an “African Diaspora Elder Stateswoman” during a Rites of Passage ceremony.

Known for its diverse cultural ecosystem, Miami Dade County has a large population of Africans, mainly from the Democratic Republic of Congo, Ethiopia, Cape Verde, Ghana, Nigeria, Senegal, The Gambia, Liberia, Sierra Leone, Morocco and others. In recognition of the mayor’s exceptional leadership and accomplishment as the firstever elected female mayor of the County, the African diaspora community decided to host this special occasion to appreciate Mayor Daniella Levine Cava for her dedication to public service over many decades.

The mayor’s 40-year career advocating for South Florida families as well as her community-oriented personality

resonates with many Africans who are familiar with the history of women who played key leadership roles in their communities at historic moments. To name a few: Yaa Asantewaa, the influential Ashanti queen of Ghana (1840–1921) became the Commander in Chief of the Ashanti army because she stood her ground and rallied the troops to resist the British colony. Likewise, Queen Amina earned her reputation as the lead warrior of the kingdom’s army during her 34-year rule in Zaria, a Hausa city-state in Northern Nigeria.

Rites of passage are found in many cultures around the world, but the details of the rites and the initiation process vary across different societies. In the African tradition, rite of passage is a ceremony that symbolizes an upward movement from one phase of life or social status to the next more mature phase. It involves a significant change of status in society, and it is fundamental to individual’s growth and development.

The five African rites of passage are: Birth, Adulthood, Marriage, Eldership, and Ancestor ship. The ceremony performed for the mayor was the “Rite of Eldership”.

The Rite of Eldership is the fourth of the five-stage initiation process, and it represents the highest status in African culture. Being an “elder” does not relate to age or being old; it’s a recognition of someone who has led a purposeful life and stands as a living example for others in the society to emulate.

At the ceremony, Chief Joseph Obadeyi led a group of African traditional chiefs to perform the rites. Dressed in African attire, the mayor was decorated with some African ornaments: coral beads necklace and bracelet which represent wealth, royalty and beauty. Other accessories used to adorn her include the African bridal horsetail hair and specially made animal skin round hand fan – each signifying honor, power, authority and symbol of greatness. n

A Bridge to West Africa

ESTABLISHING SISTER CITY RELATIONSHIP BETWEEN CITY OF NORTH MIAMI AND CITY OF BANJUL, THE GAMBIA

BY MAYOR ALIX DESULME

As Mayor of the City of North Miami, I have always believed in the power of connection—both within our community and beyond our borders. That’s why I am particularly proud of the Sister City partnership we established last year with the City of Banjul in The Gambia. This partnership is more than just a formal agreement; it represents a profound commitment to fostering cultural, educational, and economic ties between our two cities, and to promoting global understanding and cooperation.

In August of 2023, I had the distinct honor of leading a business development and cultural mission to Banjul. Accompanied by an esteemed delegation that included members of the North Miami Council—Vice Mayor Marie Estime Irvin, Councilman Scott Galvin, and Councilman Pierre Frantz Charles—along with key Miami-Dade County Commissioners Kionne L. McGhee and Marleine Bastien, and other notable leaders like Vice Mayor Alexandra Davis of Miramar and Mayor Samson Borgelin of North Lauderdale, we embarked on a journey that would further solidify the bonds between our two cities.

Our visit to Banjul was nothing short of transformative. We were welcomed with open arms, and the warmth and hospitality of the people of Banjul left a lasting impression on all of us. But beyond the cultural exchange, our mission had a clear purpose: to explore opportunities for economic development, to establish educational exchanges, and to lay the groundwork for collaborative projects that would benefit both North Miami and Banjul.

One of the most exciting aspects of this partnership is the potential for mutual economic growth. By fostering trade and investment between our two cities, we can create new opportunities for businesses, drive innovation, and promote sustainable development. The conversations we had during our mission have already begun to yield promising prospects, and I am confident that the future holds even greater potential.

But this partnership is not just about economics; it’s about people. It’s about building bridges that connect our communities, enriching our cultural landscapes, and expanding our understanding of the world. It’s about providing our residents—especially our youth—with the opportunity to engage in global citizenship, to learn from different cultures, and to contribute to a more interconnected and harmonious world.

As we move forward, I am excited about the possibilities that lie ahead. We have laid a strong foundation, and now it is up to us to build upon it, to deepen our ties with Banjul, and to continue working together toward a future where our cities thrive not just in isolation, but in partnership with each other.

I look forward to sharing more about this remarkable journey and the many ways in which the Sister City partnership between North Miami and Banjul will continue to flourish. Together, we are not just building a partnership between two cities; we are creating a legacy of collaboration, understanding, and shared progress that will benefit generations to come. n

A Vision of Lasting Impact

HOW A FLORIDA BASED CONSULTING FIRM IS EMPOWERING A VILLAGE IN SENEGAL

BY LAURY GEORGES-LANE

During a visit to Dakar, Senegal, in November 2023, Laury Georges-Lane, a woman from the African diaspora, saw a clear opportunity to create lasting impact. After adopting the small village of Sipane in the Thies Region, which is home to approximately 400 residents, including 175 primary school-aged children, she made a strong commitment to improving the local school and supporting the broader community. The village’s six-building educational compound, which was in dire need of repair with chipped paint and damaged roofs, became her top priority.

In January 2024, Georges-Lane, through one of her companies LGL Consulting and Executive Advisory Group – International, launched a renovation project for the elementary school, partnering with village leaders, strategic business partners, and a local construction team. The significance of education for the future of the community was a driving force behind the project.

As work on the school continued, LGL Consulting’s representatives regularly visited Sipane, delivering essential supplies such as poultry, grains, and other provisions to further support the villagers. By August 2024, the fully renovated school was unveiled, marking a major milestone for the community. In recognition of her efforts, the residents of Sipane bestowed the honor of naming GeorgesLane the “Godmother” of the village.

Through her consultancy, Georges-Lane laid the foundation for a long-term philanthropic initiative. Aligned with LGL Consulting’s mission and corporate social responsibility model, this three-pronged initiative was designed to bring lasting change to Sipane. Focused on Education, Reducing Food Insecurity, and Workforce Development and Training for Village Women, with the latter set to launch in the first quarter of 2025.

The initiative aims to achieve meaningful outcomes by improving literacy, fostering social engagement, and increasing educational achievement; reducing food insecurities to enhance health, alleviate poverty, and promote food self-sufficiency for families; and empowering village women through workforce development, reducing gender inequality, and strengthening both families and communities.

These interconnected efforts are critical for building a sustainable and equitable future for Sipane, with the confirmed hope that their success will extend to surrounding communities as well.

Philanthropy is at the core of Georges-Lane’s work and identity. She is an active member of Delta Sigma Theta Sorority, Inc., an organization focused on serving the Black community around the globe. In addition to her work in Senegal, Georges-Lane mentors young women and supports local communities through program sponsorships, educational scholarships, and civic partnerships. The Village of Sipane, known for its resilience, is committed to using both voice and action to uplift its people. n

LAURY GEORGES-LANE, CEO AND FOUNDER, LGL CONSULTING

Miami-Dade County

WHY MIAMI-DADE COUNTY IS A GREAT PLACE FOR BUSINESS

BY SUDESHNA CHATTERJEE

Miami-Dade County is a vibrant hub for commerce, innovation, and global connectivity. Positioned at the crossroads of the Americas, it provides businesses unparalleled access to markets across North America, Latin America, the Caribbean, and beyond. Whether you’re a startup, a multinational corporation, or a small business, Miami-Dade offers the ideal environment for growth and success.

Strategic Global Location

Miami-Dade’s geographic location makes it a prime gateway between the U.S., Latin America, and the Caribbean. Businesses here can easily access over 50 countries, giving them a competitive edge in expanding into these fast-growing markets. The County’s proximity to Europe and Africa further strengthens its position as a key player in global logistics.

Diverse and Multicultural Business Environment

Miami-Dade’s diverse population fosters a global business environment. The County is home to significant

communities from Latin America, the Caribbean, Europe, Africa, and Asia, creating a welcoming atmosphere for international companies. This diversity offers businesses access to a multilingual workforce and a wide range of consumer markets, driving growth opportunities.

Business-Friendly Climate

Miami-Dade County boasts a pro-business climate, with Florida’s tax advantages being a key draw. With no state income tax, Florida is an attractive destination for businesses and individuals alike. The County offers various incentives, tax credits, and grants to encourage business expansion and job creation, making it a fertile ground for both startups and established companies.

Robust Infrastructure and Connectivity

Miami-Dade County boasts excellent infrastructure for businesses. PortMiami, one of the world’s leading Cargo Gateway to the Americas and the Cruise Capital of the World, and Miami International Airport (MIA), a top hub

for international freight and passengers, ensure businesses have the infrastructure to reach global markets including Latin America, the Caribbean, Europe, and beyond. The County’s transportation system, including highways and railroads, also provides efficient access to major U.S. cities.

Innovation and Technology Hub

Miami-Dade has emerged as a leader in innovation and technology, with a thriving startup ecosystem that attracts entrepreneurs and investors globally. The County is home to various tech companies, incubators, and accelerators, fostering innovation in industries like fintech, healthtech, and clean energy.

As one of the top three largest international banking centers in the U.S. and recently designated as the Climate Ready Tech Hub, Miami-Dade is a leader in tech job creation and startup activity, further positioning the region as a fast-growing technology hub.

Access to Skilled Talent

Miami-Dade offers businesses a highly skilled, multilingual workforce. Local educational institutions, including four research and innovation universities, produce graduates in fields such as business, technology, and healthcare. 60% of Downtown Miami’s workforce holds a college degree, and over 40% of the foreign-born population

holds advanced degrees, making Miami-Dade a talent-rich environment for businesses.

High Quality of Life

Miami-Dade County offers an exceptional quality of life. With beautiful beaches, hundreds of parks, a vibrant cultural scene, and a multicultural atmosphere, it is an attractive place to live, work, and play. This helps businesses attract and retain top talent, who enjoy both professional opportunities and a cosmopolitan lifestyle.

Conclusion

With its strategic location, robust infrastructure, diverse workforce, and business-friendly environment, Miami-Dade County stands out as a premier destination for businesses. Whether looking to grow, innovate, or access global markets, the County provides ideal conditions for success.

The Miami-Dade County International Trade Consortium (ITC), led by Chairman Oliver G. Gilbert, III and coled by ITC Vice Chair, Commissioner Kevin Marino Cabrera, plays a crucial role in promoting bilateral trade by connecting businesses, especially small and medium-sized enterprises, from different countries. Through partnerships, trade missions, and sustainable practices, ITC strengthens trade relationships and fosters economic growth. n

48 Hours in São Tomé

THE PORTUGUESE ISLAND OFF THE COAST OF CENTRAL AFRICA IS AN IDEAL PLACE FOR BUSINESS

AND LEISURE

BY KEMI AROSANYIN

When you look at São Tomé and Príncipe on the globe, you’d be forgiven for assuming there wouldn’t be much to do on these remote islands. Located in the Gulf of Guinea, off the coast of Central Africa, approximately 160 miles east of Gabon. The two-island nation of São Tomé and Príncipe is the second-smallest country in Africa with São Tomé being the capital city and larger of the two islands.

Known as the ‘Centre of the World’, the island is the closest landmass to the point where the equator crosses the zero meridian in the Atlantic Ocean. About a six-hour flight from Lisbon, Portugal, and just two hours from major cities in Central and West Africa, São Tomé and Príncipe is a hidden gem for those seeking uncontaminated natural beauty, rich history, and a relaxed atmosphere.

Poised to become a hub for tourism, trade and logistics,

the government of São Tomé and Príncipe recently introduced new incentives and programs to position the country as a preferred travel and foreign direct investment destination. With the support of Afreximbank, a leading multilateral organization driving growth and development across Africa, an investors’ forum was held in September to showcase investment opportunities to potential investors.

Hence, we decided to join a diverse group of investors, local companies, top government officials, and business executives to explore the Portuguese archipelago. Fortunately, most nationals do not need a visa when visiting São Tomé for less than 15 days. To get to São Tomé and Príncipe, the most popular route is via TAP Air Portugal. So, we flew from Miami to Lisbon with TAP, then a six-hour connecting flight to São Tomé International Airport (TMS). At 5:25pm, our plane touched down on the island, the entry

QUICK FACTS

CAPITAL: SÃO TOMÉ

AREA: 386 SQ MILES

POPULATION: 220,000

OFFICIAL LANGUAGE: PORTUGUESE

REGION: CENTRAL AFRICA

GDP: $603 MILLION

GDP PER CAPITA: $2,601.79

process was fast, and airport transfer was smooth. With a packed business schedule, we had only 48 hours to explore this unknown paradise.

For accommodation, we stayed at Omali São Tomé, one of the charming and best hotel options on the island with elegant rooms and beautiful views. It offers an outdoor swimming pool, a terrace with sun loungers, tennis court and fitness center. The property is well located opposite the white sands of Lagarto beach, and it is only 5-minute drive from both the city and the airport, making it ideal for exploring the island.

We ate dinner in the hotel restaurant. Using fresh and natural ingredients, the resident chef creates both traditional local dishes and international specialties. As a fish lover, my favorite dish was the catch of the day — grilled fish served with a side of fried plantains

and vegetables, all accompanied by refreshing passion fruit juice.

The next morning, after a buffetstyle continental breakfast at the hotel, we were all fully set to begin our exploration. Eager to learn about the cultural heritage of the island, we kicked off at the São Tomé National Museum also known as Forte de São Sebastião in the city center area.

Built in 1575 by Portuguese forces, this well-preserved fortress was the first defensive building erected in São Tomé. Inside the captivating colonial building, the museum offers a fascinating look at the islands’ history, from the Portuguese colonial era to the country’s independence. We learned a lot about the sugar, cocoa, and coffee plantations where slaves from nearby African nations worked. In front of the fort stand statues of Portuguese explorers João de Santarém, Pêro Escobar, and

João de Paiva, who are linked to the island’s discovery in the late 15th century.

Downtown São Tomé is small and easily walkable. With cobblestone streets and a turquoise ocean view, we strolled to the Cathedral, one of Africa’s oldest, passed the Presidential Palace next door, and visited other colorful colonial buildings, including Independence Square. The Portuguese left in 1975, but the island still bears traces of colonial-era architectural landmarks that reflect its historical ties to Portugal.

It took us about two hours to get through the tourist sites in the city center area, then headed to our next stop: a drive through rugged terrain to Roça Monte Café. Established in 1858, Monte Café is the oldest and best-preserved coffee plantation on the island.

OUR LADY OF GRACE CATHEDRAL

PICO CÃO GRANDE

The location was famous for cultivating substantial quantities of Arabica coffee for export. It features a small coffee museum that offers an exciting glimpse into the coffee processing chain as it was done in the 1850s, along with local coffee tastings.

A coffee trail through thick forest and plantations leads up to the São Nicolau (St. Nicholas) Waterfalls. São Tomé’s stunning landscape includes numerous waterfalls, with São Nicolau being the most popular and accessible. This tall, beautiful waterfall offers an intimate encounter with nature, providing the perfect spot for a quiet moment in the wilderness, where the only sound is the steady cascade of water. With over 100 bird species on the islands, São Nicolau Waterfall is one of the best spots on the island for a bird watching expedition.

On our way back, we stopped at Casa Museu Almada Negreiros to explore the brilliance and artistic legacy of Almada Negreiros, a renowned writer, visual artist, and influential figure in Portuguese modernism. This museum is a cultural gem in São Tomé, showcasing the evolution of Almada Negreiros’ artistry along with insights into his philosophical musings and reflections on life. In addition to promoting his work, the museum features handicrafts for sale, restaurants serving local flavors, and accommodation with stunning terrace views.

For dinner, we headed to Cacau, which offers a buffet of local dishes, lots of fish, plantains, and flavorful vegetables… Did I mention I’m a fish and plantain lover? Known for its

bold use of local ingredients, Cacau blends traditional São Toméan flavors with modern culinary techniques, reflecting both African and Portuguese influences—an excellent choice for tasting local gastronomy. Cacau also has an exhibition hall where we bought locally crafted accessories, chocolates, and souvenirs.

We spent the first few hours of our last day on the island in business meetings, and by mid-day, we were ready for the day’s adventure. Known as the ‘Chocolate Islands,’ we were told that a tour of a local plantation is a must. São Tomé and Príncipe once ruled the cocoa kingdom as the world’s largest producer of fine-quality chocolate. While that’s no longer the case, companies like Italian-run Claudio Corallo continue to maintain cocoa plantations and chocolate factories on the islands. Our quick tour of the chocolate factory was both fascinating and educational, offering valuable insights into the chocolate-making process and the country’s rich chocolate heritage. And, of course, we had the pleasure of tasting some of the delicious products.

Our main goal for the day was to reach Obo Natural Park and catch a glimpse of the famous Pico Cão Grande. However, having heard so much about Roca Sao Joao de Angolares being one of the best restaurants in São Tomé, we couldn’t resist making a stop there for lunch. A historic plantation turned into a unique dining experience. The restaurant is owned by celebrity chef João Carlos Silva who has transformed São Toméan ingredients into an art form, treating visitors to a lavish feast of bold tropical flavors. The beautiful restaurant has magnificent views of

the ocean and lush vegetation. It offers a perfect fusion of traditional and contemporary cuisine, with multiple exquisite courses prepared in an open kitchen using the freshest local ingredients, all presented in the most creative ways.

As we sat back to savor the freshly caught fish, prepared with native herbs, we could truly feel the soul of São Tomé in every bite. Having traveled widely around the world and enjoyed a variety of global cuisines, for sure, this is one of my best culinary experiences to date.

For the rest of the day, we marveled at the beauty of nature and eco-tourism at its finest in Obô Natural Park, about an hour drive south of São Tomé Island. Surrounded by the Atlantic Ocean, the island boasts numerous pristine beaches along the way, offering breathtaking spots for relaxation and fun activities, such as Micondó, Piscina, and Jalé beaches. However, living in Miami, beach time wasn’t our top priority.

Obô Natural Park is a UNESCO Biosphere Reserve covered with dense rainforests, waterfalls, volcanic mountains, stunning landscapes, lush greenery, mangroves, wildlife, swamps and savannah grasslands. The park is full of natural wonders, rich in biodiversity, and it is home to some of the most beautiful ecosystems in Africa. With over 100 species of unique orchids and more than 700 species of flora and fauna, there’s so much to discover, though time feels all too short to experience it fully. It’s truly a paradise for hikers, birdwatchers, divers, snorkelers, and nature lovers.

Of course, we spotted the iconic Pico Cão Grande — a towering, cone-shaped mountain formed by an active

volcano around three and a half million years ago, standing in the midst of a lush rainforest. Unfortunately, we couldn’t make it to Porto Alegre, the southernmost point of São Tomé Island, which is reminiscent of Key West, Florida, to witness the spectacular sunset over the Atlantic Ocean. We returned to the hotel, enjoyed a relaxing dinner by the poolside, and then departed São Tomé on an early morning flight.

With its equatorial location and tropical climate, São Tomé offers great investment opportunities in tourism, agriculture and fisheries, transport and logistics, and renewable energy. It is one of the safest countries in Africa. It offers a rich tapestry of African and European influences, and its people are warm and friendly. The country has so much more to offer, but with only 48 hours to explore, we barely scratched the surface of what this incredible destination has in store. And that doesn’t even include the twin island of Príncipe, another paradise on earth, just a 40-minute flight away.

The island is a place where time seems to slow down, allowing you to fully immerse yourself in its natural beauty and simplicity. We’ll be back to explore more plantation houses, take boat trips, visit Fernão Dias, the Blue Lagoon, Roça de Água Izé, and many other hidden gems. São Tomé and Príncipe may not be a traditional tourist destination, but it offers a unique blend of business opportunities and authentic experiences for those seeking adventure, relaxation, and a deeper connection with nature. n

STATUES OF PORTUGUESE EXPLORERS LINKED TO THE ISLAND’S DISCOVERY IN THE LATE 15TH CENTURY.

Spirits of the Caribbean

AWARD WINNING SAINT LUCIAN DISTILLERY REDEFINING TASTE OF THE ISLANDS

BY EIKE LAUFF

Caribbean Spirits Limited, a Saint Lucian artisan distillery, is turning heads and redefining luxury by elevating expectations in the world of high-end spirits with its brand - Caribbean Craft Distilling (CCD). Recently showcased at the International Trade and Business Expo (ITBE 2024) in Miami, Florida, CCD’s line of luxurious, locally sourced spirits has gained significant attention from international audiences and potential U.S. distributors alike. This Saint Lucian distillery embraces the bounty of the Caribbean, crafting premium agricultural spirits and liqueurs from fruits and crops grown exclusively on local soil.

Each bottle under the CCD label is a celebration of Saint Lucia’s natural heritage and a tribute to the craftsmanship of CCD’s dedicated artisans who create agricultural spirits that represent an exceptional union of local ingredients and refined distilling techniques. With offerings that include Vodka made from dasheen, Gin distilled from carambola fruit, and Eaux de vie distilled from mango and breadfruit, CCD’s collection speaks to an inspired sense of place and culture. The Breadfruit Eau de Vie, in particular, has attracted praise for its unique expression of tropical fruit flavors, receiving a gold medal on the international stage.

This pure fruit brandy is emblematic of CCD’s commitment to quality and exploration of local ingredients, setting a new standard for Caribbean spirits. With silver and gold medal accolades in their collection, CCD is proving that Caribbean products can indeed compete with—and even surpass—the finest beverages worldwide, offering a rare and refined taste of the islands.

CCD’s philosophy, “inspired, local, sustainable,” guides every aspect of production, from ingredient sourcing to bottling, aiming to capture the island’s essence while supporting Saint Lucian agriculture. Their focus on sustainability not only boosts the local economy but also creates a legacy of eco-conscious luxury in a market where quality and origin are paramount.

Caribbean Craft Distilling’s spirits are now celebrated across Saint Lucia as well as neighboring Islands and gaining momentum internationally, redefining the profile of Caribbean-made beverages. As Caribbean Spirits Limited continues to push the boundaries of artisanal distilling,

their success serves as a testament to the value of local expertise and innovation in a global market. Each sip offers a sensory journey through the Caribbean, promising a taste that’s as unforgettable as the island itself. For luxury spirit connoisseurs, CCD stands as a rare and refined choice, marrying the rich flavors of the Caribbean with the prestige of world-class craftsmanship.

For Caribbean Spirits Limited and their partnering agency “Export Saint Lucia”, participation at the ITBE served as an invaluable gateway to the U.S. and international markets, presenting their brand, Caribbean Craft Distilling (CCD), to a wide range of global connoisseurs and potential business partners. This year’s expo not only highlighted emerging trends in sustainable and local production but also placed a significant spotlight on niche and high-quality agricultural products—an area where CCD excels with its handcrafted Saint Lucian-inspired spirits. n

GOING GLOBAL: MADE IN ST. LUCIA

CARIBBEAN CRAFT DISTILLING

BREADFRUIT EAU DE VIE, GOLD MEDAL 2019, 39%

Our Eaux de Vie are distilled from pure fruits without any flavoring or added sugar. A tropical bouquet experience and very pleasant on the finish with the natural notes of the fruit.

TARO VODKA, SILVER MEDAL 2019 AND 2020

Produced from Dasheen, this “old style” Vodka is obtained from several distillations, with finishing notes of the root and a subtle sweetness. 500ml, 40% Vol.

ELEVATED DRY GIN

A base alcohol from Star Fruit, re-distilled with our selection of local aromatic botanicals and Juniper; a daring interpretation that has a bit of a kick to it. 500ml, 52% Vol.

DRY GIN ‘FIVE FINGER’, SILVER MEDAL 2020

A base alcohol from Star Fruit, re-distilled with our selection of local aromatic botanicals and Juniper, a daring interpretation. 500 ml, 40% Vol.

GOING GLOBAL: MADE IN ST. LUCIA

BARON FOODS

CHUNKY SALSA DIP

Baron Chunky Salsa Dip is made from a mild chunky tomato-based dip with the freshest seasoning peppers, herbs and spices. This flavorful dip can be used with your favorite chips and nachos to create a perfect snack. Add this salsa to soups and chillis to add instant depth and heat.

WEST INDIAN HOT SAUCE

Baron West Indian Hot Sauce boasts a unique blend of mustard and Scotch Bonnet peppers, sourced from the bosom Caribbean fertile land. This inimitable flavour has been designed to complement the flavors of well-known foods, whilst adding a balanced, peppery kick to dishes. Produced under the strictest hygienic conditions, Baron West Indian Hot Sauce compliments any food group creating a distinctive culinary delight.

COCONUT CURRY PASTE

Baron Coconut Curry Paste is a unique spicy coconut flavored curry paste. This special blend of spices adds a tasty and delicate flavor to all your favorite foods, including meat, fish, and vegetables. Spices like coriander, turmeric, fennel and cumin give your food a genuine, sunny flavor, while the coconut adds a sweet, creamy touch that balances the curry’s spicy flavors.

BANANA KETCHUP

Baron Banana Ketchup!! This innovative product, conceived from balancing a blend of sun ripped bananas, with a note of subtle influences of herbs and spices is guaranteed to entice your taste buds. Aimed at creating a standout appeal on shelf, this product promises to bring excitement and interest to the condiment category through its premium packaging design and distinctive flavors.

GOING GLOBAL: MADE IN ST. LUCIA

FROOTSY FOODS

GREEN SEASONING

Frootsy Garlic Herb Green Seasoning is a blend of garlic, fresh celery, chives, seasoning peppers, onions and parsley giving you everything you need in just one bottle.

PURE SEAMOSS

Pure Seamoss is one of the famous eight Frootsy Seamoss. With its reduced sugar level and its natural taste, Frootsy Pure Seamoss is the perfect heart healthy drink.

PEPPER JAM

If you are looking for a little spice in your everyday life, try Frootsy Pepper Jam. Made from red hot peppers and a little sugar, giving you the perfect combination of sweet and spicy.

VIRGIN COCONUT OIL

Frootsy Virgin Coconut Oil is made from fresh coconut cream gathered from coconut kernels bought from our local farmers in the community. it can be used for cooking, hair care, skin care and even in our locally made Fixions.

FITCE: Doing Business in Africa

THE GROWING AFRICAN PRESENCE AT SOUTH FLORIDA’S LARGEST TRADE AND CULTURAL EXPO

BY PAOLA ISAAC

Again, Broward County delivered another successful Florida International Trade and Cultural Expo (FITCE) from October 23-24, 2024. The 9th edition of this major annual event in South Florida drew participants from more than 80 countries. As usual, the Greater Fort Lauderdale and Broward County Convention Center welcomed over 2,000 high-level government officials, international trade experts, local and international businesses, and cultural delegations from around the world.

Sponsored by Global Oved Dei Seminary and University (GODSU) and moderated by Dr. Diane Moore-Eubanks, representatives from seven African countries participated in the “Doing Business in Africa” panel. Panelists included Martha Oppong Afriyie from the Ghana Investment Promotion Centre, Macpherson Fred-Ileogben from the Nigerian Export Promotion Council, Chafika El Habti, Consul General of the Kingdom of Morocco in Miami, Rony Desvarennes, Honorary Consul of The Gambia in Miami, Charmaine Matheus, Acting CEO of the Namibia

Tourism Board, and Captain William Ruto, CEO of Kenya Ports Authority. These high-ranking government officials represented various public agencies, offering valuable insights on business opportunities across the African continent.

FITCE provides an excellent platform for engaging in discussions on international trade, foreign direct investment, and cultural exchange. In addition to insightful panel discussions, the event also featured a world expo marketplace, speed matchmaking with country representatives, buyer meetand-greets, and a range of other impactful activities such as cultural exhibitions and fashion shows.

As the annual event gears up for its 10th anniversary in 2025, it is set to grow even bigger, with an increasing number of partners, sponsors, exhibitors, and participants. This event will remain a key platform for building valuable business connections and strategic alliances as FITCE further strengthens South Florida’s position as a hub for global trade, investment, and culture. n

From Nairobi to Washington

THE EVOLUTION OF KENYA’S BILATERAL RELATIONS WITH THE U.S.

BY PETUNIA THULO

Since gaining independence in 1963, Kenya has maintained a strong diplomatic relationship with the United States, establishing itself as one of the U.S.’s closest allies in Africa. Both countries have upheld strong ties through various political changes.

Kenya has had a total of five presidents since independence, in successive order: Jomo Kenyatta, Daniel Moi, Mwai Kibaki, Uhuru Kenyatta, and the current office holder, William Ruto, who was inaugurated on 13 September 2022.

There were times of reckoning, but the U.S. has consistently viewed Kenya as a model developing country that shares democratic values in Africa, and this perspective has endured over time.

Through several initiatives such as the United States defense cooperation framework, Trade and Investment Framework Agreement (TIFA), USAID projects, and the

African Growth and Opportunity Act (AGOA), Kenya has expanded its bilateral engagement with the U.S. over the years.

In 2018, Kenya and the U.S. took deliberate steps to enhance their partnership by establishing a bilateral strategic dialogue. This dialogue aimed to foster accountability between the two nations and prioritize five key areas: Economic Prosperity, Trade and Investment; Defense Cooperation; Democracy, Governance, and Civil Security; Multilateral and Regional Issues; and Public Health Cooperation.

Over the past four years, Kenya’s goods exports to the United States grew by $326 million, increasing from $568 million in 2020 to $894 million in 2023, according to data from the U.S. Census Bureau. While U.S. goods exports to Kenya in 2023 totaled $485 million, total trade between the two countries was approximately $1.4 billion in 2023, a steady rise from $941 million in 2020. Apparel is one of the

key drivers of Kenya’s exports to the U.S. It is supported by AGOA, and it is worth hundreds of millions of dollars on a yearly basis.

As of 2023, Kenya has attracted potential investment deals from American companies in various sectors, including renewable energy, agriculture, pharmaceuticals, and sports, among others.

President William Ruto’s visit to the White House earlier this year was a historic moment and a major step towards strengthening the strategic alliance between the two countries. It was the first state visit to the White House by an African leader in sixteen years.

In their talks, President Joe Biden and President William Ruto emphasized the need to expedite negotiations for the Strategic Trade and Investment Partnership (STIP) between Kenya and the U.S. before the end of 2024.

During his visit, President Ruto shared updates on reforms and enhancements to Kenya’s laws and policies, assuring the investment community of a more favorable investment

environment, and improved macroeconomic conditions. He reiterated his government’s commitment to supporting foreign investors and urged American businesses to take advantage of the country’s growing and open market as well as its status as gateway to the East African market. n

L-R: MRS. RACHEL RUTO, FIRST LADY OF KENYA, PRESIDENT WILLIAM RUTO, PRESIDENT JOE BIDEN, AND DR. JILL BIDEN, FIRST LADY OF THE UNITED STATES.

Sun Africa: MIAMI-BASED ORGANIZATION REVOLUTIONIZING THE ENERGY SECTOR IN AFRICA

BY KEMI AROSANYIN

ADAM CORTESE, CHIEF EXECUTIVE OFFICER, SUN AFRICA.

Sun Africa, a Miami-based U.S. company, is transforming the energy landscape in Africa. Over the past few decades, the global demand for renewable energy has surged, driven by its environmental benefits and costeffectiveness. Africa is naturally endowed with sources of renewable energy such as abundant sunlight, hydro, geothermal, and bioenergy. As a result, investment in renewable energy across the continent has seen significant growth in recent years.

In 2022, the African energy sector received $118 billion in foreign direct investment (FDI), accounting for approximately 60% of the total FDI inflows to the continent, according to the Boston Consulting Group. However, this level of investment remains relatively low when benchmarked against other regions of the world.

For decades to come, the renewable energy industry in Africa will continue to offer tremendous investment opportunities and U.S. companies are taking note. Africa is home to more than 1.4 billion people, but the continent still has the lowest rate of electricity access in the world with more than 640 million Africans living without reliable energy sources. Even though capacity has increased for renewable energy due to completed and on-going projects across the continent, it accounts for only about 18 percent of the total electricity output.

Africa is estimated to require $2.9 trillion in capital investment to achieve sufficient electrification by 2050. A significant portion of this funding is expected to be directed toward the development of renewable energy infrastructure, which presents a major opportunity for U.S. developers. While Southern and Eastern Africa have the highest renewable energy capacity on the continent, the biggest opportunities exist in North Africa (Egypt, Morocco), and West Africa (Nigeria and Senegal). According to a report, these regions will need approximately $400 billion by 2050 to develop midstream infrastructure in the energy sector.

A growing number of stakeholders in the sector are providing mini-grids, power plants, and other integrated solutions. However, Sun Africa is one key U.S. player revolutionizing the energy sector in the region.

ABOUT SUN AFRICA

Headquartered in Miami, Sun Africa is an international energy and infrastructure developer delivering sustainable and economically viable energy solutions across Africa.

Founded in 2020, Sun Africa has emerged as a leader in the energy space, reshaping and redefining the industry landscape.

Inspired by Africa’s abundant sunlight, from which Sun Africa likely derived its name, the company is at the forefront of clean energy solutions and playing a crucial role in closing the energy infrastructure gap in the continent.

Equipped with the capacity to develop, install, finance, operate, and maintain large-scale solar projects and off-grid solutions, Sun Africa’s mission is to provide sustainable yet competitive clean energy to African nations, while facilitating billions of dollars in exports for U.S. manufacturers.

PROJECTS & IMPACT

With multiple projects valued at tens of billions of dollars at various stages of development, Sun Africa is driving the deployment of clean energy solutions throughout SubSaharan Africa. By harnessing the power of the sun, the company is helping to uplift local communities and enabling countries to achieve their energy generation targets.

The following projects summarize the impact of Sun Africa’s work in the continent:

In Angola, Sun Africa built the largest solar energy project in Sub-Saharan Africa. Part of a broader development effort totaling 370MW across five sites, the 188-megawatt Biopio photovoltaic solar power plant in Benguela Province, commissioned in 2022, has significantly strengthened Angola’s electricity grid and diversified its energy mix.

As a result, over 1 million Angolans now have access to clean energy, preventing more than 935,000 tons of carbon emissions annually and improving environmental conditions.

Sun Africa is currently building its second project in Angola, which includes 500 megawatts of utility-scale solar PV, over 200 solar cabin systems, more than 60,000 solar home systems, 278 megawatts of solar energy from mini-grids, water purification systems, and 287 megawatthours of battery storage across 64 communities in four Southern Provinces. Upon completion, the $2 billion project will electrify 350,000 households, provide clean water to 1.1 million Angolans, and improve the lives of over 2.1 million people. “Transformative for Angola for sure, but it also benefits US manufacturers as the project includes

approximately $1 billion in U.S. goods and services, a true win-win scenario that has been a catalyst for increased economic ties between the U.S. and Angola,” says Adam Cortese, Chief Executive Officer of Sun Africa.

In Nigeria, Sun Africa is collaborating with the Niger Delta Power Holding Company (NDPHC) to develop one gigawatt of utility-scale solar power generation across multiple locations. The project will include battery storage, interconnection, and distribution infrastructure. Once completed, it will transform electrification in Nigeria, enhance the quality of life for millions, and strengthen the country’s power sector.

The company also plans to install over 200 mini-grids and solar cabins in rural communities across 18 states in Nigeria. These systems will power homes, clinics, schools, irrigation systems, water purifiers, and small businesses. The project will boost productivity, social mobility, and economic growth, while strengthening the bottom line of U.S. manufacturers.

FINANCING & PARTNERSHIPS

Due to a massive infrastructure deficit, Sub-Saharan Africa needs hundreds of billions of dollars annually to close its infrastructure funding gap. Clearly, the continent’s domestic revenue base is inadequate to meet this

requirement. Hence, the continent must tap into foreign wallets to finance national and regional infrastructure projects in key sectors such as energy, transport services, ICT, and clean water.

When it comes to developing renewable energy infrastructure and aiding the transition to a low-carbon economy across Africa, high costs and limited access to financing remain one of the biggest challenges. While the post-construction maintenance of renewable energy systems is relatively affordable, the initial installation costs are steep and must be covered upfront. To overcome this barrier, a comprehensive and innovative approach to mobilizing public, private, bilateral, and multilateral financing is essential to secure the funds needed for energy projects across the continent.

Fortunately, Sun Africa has established partnerships with top financial institutions, leading suppliers, and some of the largest energy engineering, procurement, and construction companies in the world. Successfully implementing the large-scale projects undertaken by Sun Africa would be impossible without this strong network of partners and robust financial backing. The company’s unmatched supply chain capabilities and reliable access to capital allow it to optimize equipment purchases, negotiate favorable local contracts, and maximize economic value for clients.

One of those strategic partners is the Export-Import Bank of the United States (US EXIM). For decades, US EXIM has supported U.S. companies doing business in Africa by providing trade finance tools to help them export their goods and services to Africa. Sun Africa is now leveraging this partnership on an unprecedented scale, driving significant U.S. exports to Africa while contributing to the continent’s economic development. This mutually beneficial scenario is fostering increased commercial cooperation between the U.S. and Africa’s rapidly growing markets, creating economic opportunities for both parties.

NAVIGATING THE COMPLEXITIES OF DOING BUSINESS IN AFRICA

Doing business across national boundaries presents challenges everywhere, but the specific dynamics of each market vary. Sub-Saharan Africa stands out as one of the most exciting emerging markets, rich in natural resources and offering significant investment potential. Africa’s position as the second-fastest-growing region in the world, with eleven of its countries ranked among the world’s 20 fastest-growing

economies in 2024, underscores the continent’s resilience and raises optimism for continued growth.

However, the region also presents major challenges for doing business. Many African countries rank poorly on the World Bank’s Business Ready report (formerly Doing Business), which evaluates the business environment based on key parameters such as regulatory frameworks, public services, and operational efficiency. The report also assesses progress in areas like digital adoption, environmental sustainability, and gender.

While the utilization of renewable energy across Africa is on the rise, driven by favorable market conditions and availability of natural resources, numerous obstacles remain. Despite the challenges, Sun Africa is effectively navigating the landscape in the countries where it operates. The company achieves this by collaborating with government agencies and forming strategic partnerships with local companies, including service providers and suppliers. This approach helps create a sustainable and supportive ecosystem. The company has demonstrated understanding of the African business environment, with its cultural nuances,

“Transformative for Angola for sure, but it also benefits US manufacturers as the project includes approximately $1 billion in U.S. goods and services, a true win-win scenario that has been a catalyst for increased economic ties between the U.S. and Angola.”

ADAM CORTESE, CHIEF EXECUTIVE OFFICER OF SUN

AFRICA

while also facilitating U.S. participation in these fastgrowing markets.

As a socially responsible corporation, Sun Africa contributes positively to the host country’s economy through a variety of initiatives. For example, the company is donating a solar cabin system to the off-grid rural community of Kaida, located outside Abuja, Nigeria’s capital. This system, which will provide 30 KWp of solar power and 81 kWh of energy storage, will enable around 700 people in the community to access electricity. The project will not only transform local business activities and improve the quality of life but also help build long-term, mutually beneficial relationships with the community.

In Angola, Sun Africa and its partners have donated nearly three (3) kilometers of solar-powered lighting along the road to Biopio Hospital, an initiative that has enhanced public safety, reduced crime, and ensured residents can access healthcare services around the clock. As in Biopio, Sun Africa donated solar lighting along the road to Baía Farta Hospital and also provided the community with solar-powered market infrastructure to revitalize the local fish trade.

Clearly, engaging as a stakeholder in the local economy is a strategy that will endure, and this approach will continue to support Sun Africa’s successful business ventures in the region - a proof that the challenges associated with doing business in Africa, while significant, are not insurmountable.

Africa has emerged as a beacon of opportunity in renewable energy. Many stakeholders are optimistic that the continent’s vast potential in the sector could be a game changer, helping to reduce poverty and meet its electrification targets, hopefully with the help of Sun Africa. n

City of Miramar

AN IDEAL HUB FOR BUSINESS AND FAMILIES

BY PAUL NJOROGE

Nestled in the heart of Broward County, the City of Miramar stands out as an exceptional place to both do business and call home. Its strategic position provides unparalleled access to both Miami-Dade and Palm Beach counties, enabling seamless connectivity to key areas across South Florida. This advantageous location makes Miramar a prime spot for regional, national, and international business ventures as well as a welcoming community for families.

A Business-Friendly Environment

Miramar is renowned for its business-friendly atmosphere, offering several compelling reasons why enterprises flourish here:

Zero State Income Tax: One of the state’s most attractive benefits for businesses and residents alike is the absence of state income tax, making Florida an economically sound choice.

Exceptional Connectivity: Miramar’s infrastructure ensures efficient access to transportation corridors, international airports, and seaports. This means that businesses can reach four continents with non-stop flights in just one day, fostering international trade and partnerships.

Corporate Presence: The city boasts over 200 corporate, regional, and international headquarters, making it a thriving business hub with opportunities for growth and networking.

Education and Workforce Excellence

The city’s proximity to 12 colleges and universities, combined with Florida’s top-ranked public higher education system, provides businesses with a steady flow of educated, skilled talent. This focus on higher education underscores Miramar’s commitment to fostering a knowledgeable and capable workforce that drives innovation and business success.

A Welcoming Home for Families

Miramar isn’t just about business; it’s also a vibrant, family-friendly city that offers:

Diverse Community: With access to over 6 million people who speak 90+ languages, Miramar celebrates multiculturalism, making it a rich, inclusive place for families from all walks of life.

Ideal Climate: An average temperature of 76°F allows residents to enjoy outdoor activities year-round, enhancing their quality of life.

Community and Lifestyle: The city is designed to cater to families with amenities that encourage recreation, education, and social interaction. Miramar’s warm and welcoming spirit, combined with its parks, events, and services, makes it a wonderful place to raise a family.

Why Businesses and Families Thrive in Miramar

Miramar’s unique blend of professional opportunities and family-oriented living positions it as the perfect choice for those seeking a well-rounded lifestyle. Business owners and professionals benefit from the city’s robust economic infrastructure, while families enjoy the safe, culturally diverse environment. With city officials, including Mayor Wayne M. Messam and Vice Mayor Alexandra P. Davis, actively supporting community and business growth, Miramar continues to be a beacon for development and inclusive prosperity.

Whether you’re considering expanding your business footprint or finding a new place to call home, Miramar offers the best of both worlds. Discover more about what Miramar has to offer at MiramarFL.gov/Business. n

World of Travel and Tourism

TRAVEL REPUBLIC AFRICA SHOWCASES AFRICAN DESTINATIONS AT WORLD TRAVEL EXPO MIAMI

BY JONATHAN LECHTMAN

As one of the founders of Travel Republic Africa, I’ve always believed in the transformative power of African travel experiences. Our focus on Southern Africa — including South Africa, Namibia, Botswana, Zimbabwe, and Zambia — allows us to prepare bespoke journeys that show off the best of what these incredible regions have to offer.

I have just returned from my second World Travel Expo in Miami, and I’m more convinced than ever that Africa represents the next frontier for adventurous travelers from the Americas! While I noticed Latin American destinations dominated the expo floor, our presence as an African travel specialist did generate significant interest. The conversations I had with CEOs, travel agents, and my fellow industry professionals exposed a growing curiosity about African destinations, particularly among curious tourists looking out for unique experiences.

What sets Travel Republic Africa apart is our dedication to creating mid-range to high-end luxury packages that go beyond the ordinary. We understand that each visitor has distinctive goals, whether they’re dreaming of witnessing the great migration in the Serengeti or experiencing the pristine wilderness of Botswana’s Okavango Delta. Our team specializes in making these dreams into memorable realities.

The growth I’ve observed between last year’s WTE Miami and this year’s event has been incredible! While African representation remains smaller compared to Latin American exhibitors, this actually works to our advantage. It allows us to stand out and familiarize the

American market with the incredible opportunities that await in Southern Africa. The eagerness I encountered from both North and South American travel professionals suggests we’re on the cusp of a significant shift in travel patterns.

One challenge we’re actively working to address is the current lack of direct flights between Miami and South Africa. As Miami serves as a crucial gateway to Latin America, we’re optimistic about the potential return of direct South African Airways flights to Miami, which would significantly enhance connectivity for our hopeful soon-tobe-sightseers.

The World Travel Expo has reinforced my belief that Africa’s time to shine in the global tourism stage is rapidly running our way. As we continue to build bridges between the Americas and Africa, I’m excited about the prospects of introducing more wanderers to the remarkable experiences that await them in Southern Africa. n

SÃO TOMÉ AND PRÍNCIPE SPECIAL COUNTRY FOCUS

São Tomé and Príncipe

UNDERSTANDING THE INVESTMENT LANDSCAPE OF THIS EMERGING MARKET

BY DISNEY RAMOS

São Tomé and Príncipe is a vibrant twin-island nation located in the Gulf of Guinea, off the coast of Central Africa. The country offers profitable investment opportunities in key priority sectors including tourism, transport and logistics, agriculture and fisheries, and renewable energy. The government is committed to protecting the interests of foreign investors while fostering a conducive business environment. Here are reasons why investors seeking opportunities in emerging markets should consider investing in São Tomé and Príncipe:

Strategic Location: São Tomé and Príncipe is ideally situated between Africa, Europe, and the Americas, making it a potential gateway for trade and commerce across these regions. It is just a six-hour flight from Lisbon, Portugal, and only about two hours from more than 10 countries in West and Central Africa, including Angola, Nigeria, Côte d’Ivoire, Cameroon, and Ghana, providing access to a market of over 500 million potential consumers.

Business-Friendly Policies and Government Support:

São Tomé and Príncipe has been working to improve its business environment by simplifying regulations, offering incentives for foreign investors, and creating a more transparent economic framework. The country recently launched strategic initiatives, including tax breaks and preferential terms, to attract investors in priority sectors such as infrastructure, agriculture, tourism, and renewable

energy. It also provides strong protection for foreign investors, ensuring a secure and stable investment domain.

Political Stability and Low Crime Rate: São Tomé and Príncipe has maintained strong democratic institutions for decades and has enjoyed relative political stability since gaining independence in 1975. The country is known for being a peaceful society, having been ranked 5th in Africa for absence of violence by the World Bank. It boasts the lowest crime rate in Africa, providing a safe and favorable environment for residents, visitors and investors.

Free Trade Agreements: As a member of the African, Caribbean, and Pacific (ACP) group, São Tomé and Príncipe has access to various free trade agreements with the European Union, which can facilitate business and trade opportunities for foreign investors. The country is also a beneficiary of the African Growth and Opportunity Act (AGOA), which grants eligible sub-Saharan African nations duty-free access to the U.S. market. With the African Continental Free Trade Agreement, investors in São Tomé and Príncipe can leverage expanded market access, enabling them to export goods and services to the wider African market of 1.4 billion consumers.

Improving Infrastructure: Despite being a small island nation, São Tomé and Príncipe has developed a transport and communications infrastructure that exceeds the average standard in Africa. This includes three seaports, two airports, and a subsea cable that ensures fast and reliable internet connectivity across the country.

Investing in São Tomé and Príncipe presents significant potential for strong returns, backed by rich natural resources, political stability, and a rapidly developing infrastructure. By investing in priority sectors and other key projects, investors can play a crucial role in shaping the future of this promising twin-island nation. Under the leadership of Prime Minister Patrice Trovoada, São Tomé and Príncipe will continue to pursue an open and transparent business environment to position the country as a prime destination for foreign direct investment. n

Dr. Disney Ramos is the Minister of Economy of São Tomé and Príncipe

INVESTMENT IN OPPORTUNITIES SÃO TOMÉ AND PRÍNCIPE

PROJECT PROMOTER: APCI, Government of São Tomé and Príncipe

SECTOR: Transport and Logistics

LOCATION: São Tomé Island, Gulf of Guinea

COUNTRY OF DEAL: São Tomé and Príncipe

PROJECT DESCRIPTION

The Government’s strategic vision is to position São Tomé and Príncipe as a key “Hub” for maritime and port services, catering to the Gulf of Guinea sub-region. To support this vision, several high-priority investment opportunities have been identified, offering foreign enterprises the chance to partner with local entities. These partnerships aim to attract both capital and technical expertise for the development of critical infrastructure projects.

São Tomé and Princípe represents a stable, democracy with logistics capacity for international trade and transport operations servicing Central Africa; a region with a fast-growing population, increasing economic growth, and critical supplies of energy, mineral, agricultural and forestry resources including Lithium, Cobalt, Manganese, oil & gas and arable land.

MARKET OPPORTUNITY

São Tomé’s Exclusive Economic Zone (EEZ) offers abundant hydrocarbon and fisheries resources. Its strategic location near Central and West Africa enhances its potential as a logistics and trade hub. The regional economy, valued at $270 billion in 2023, is projected to grow to $318 billion by 2028, highlighting the island nation’s significant role in the emerging regional market.

INVESTMENT REQUIRED

The project offers an investment opportunity for private investors to develop critical infrastructure, including a deep-water port, airport modernization, and road construction. São Tomé and Príncipe serves as a strategic and stable transshipment and warehousing hub for Central Africa. This region possesses essential supplies of minerals, agricultural products, and forestry resources, which necessitate substantial investments in import and export infrastructure.

GOVERNMENT INCENTIVES

• Reduced income tax rate of 10% for both resident and non-resident businesses involved in new ventures or expansions.

• Zero (0%) payment on import duties for goods and equipment for critical to infrastructure projects.

• Strong regulatory support through “The Public-Private Partnership (PPP) Law No. 06/2018”

• Transparency, risk-sharing, and investor protection, creating a secure environment for long-term investments in the transport and logistics sector.

INVESTMENT TYPE

Public Private Partnership

›› For more information, please email info@citdmiami.org

PROJECT PROMOTER: APCI, Government of São Tomé and Príncipe

SECTOR: Tourism SUBSECTOR: Eco-Tourism & Hospitality

LOCATION: São Tomé Island, Gulf of Guinea

COUNTRY OF DEAL: São Tomé and Príncipe

PROJECT DESCRIPTION

São Tomé and Príncipe’s tourism sector has become an increasingly important contributor to the nation’s economy, serving as a vital source of foreign exchange and employment. In 2022, the travel and tourism sector contributed 12% (US$ 67 million) to São Tomé and Príncipe’s GDP and provided employment to 13% of the country’s workforce. This highlights the growing importance of the industry as a major economic driver and a significant source of livelihoods for many citizens.

São Tomé is recognized as one of the safest tourist destinations in the world, with the lowest crime rate in Africa. The country holds a low travel security risk rating from International SOS, placing it on par with major tourist destinations like France, Spain, and the United States. This reputation for safety makes São Tomé an attractive choice for travelers seeking a secure and peaceful environment.

MARKET OPPORTUNITY

São Tomé and Príncipe has become an increasingly popular tourist destination, with 120,000 visitors opting for overnight stays between 2018 and 2022. The islands’ appeal is evident in the remarkable 74% surge in overnight visits during the 20212022 period alone. This growth reflects the country’s rising profile in global tourism, driven by its natural beauty, biodiversity, pristine beaches, and unique cultural heritage, positioning São Tomé as an attractive choice for international travelers.

INVESTMENT REQUIRED

São Tomé offers significant investment opportunities for large-scale developments that integrate various tourism-related facilities and services within a cohesive environment. These opportunities include expanding and modernizing hotel accommodations, creating recreational and entertainment options, improving infrastructure to access remote areas for ecotourism, and restoring colonial-era “Roça” plantation houses.

GOVERNMENT INCENTIVES

• Access 50% tax deduction for investments in specialized equipment and employee training

• Receive 30% tax deduction for capital reinvested in sustainable tourism sector

• Reduced income tax rate of 10% for both resident and non-resident businesses involved in new ventures or expansions.

• Zero (0%) payment on import duties for goods and equipment for critical to infrastructure projects.

• Strong regulatory support through “The Public-Private Partnership (PPP) Law No. 06/2018”

• Transparency, risk-sharing, and investor protection, creating a secure environment for long-term investments in the transport and logistics sector.

INVESTMENT TYPE

Public Private Partnership

›› For more information, please email info@citdmiami.org

PROMOTER: APCI, Government of São Tomé and Príncipe

SECTOR: Renewable Energy

LOCATION: São Tomé Island, Gulf of Guinea

PROJECT DESCRIPTION

The Government of São Tomé and Príncipe is focused on attracting increased investment in the power sector through a comprehensive Renewable Energy Development Initiative (REDI). This initiative aims to enhance the reliability and sustainability of the nation’s energy supply while raising the renewable energy share in the country’s energy mix to 50% by 2050. As part of this effort, the government has proposed a strategy to electrify off-grid load centers, combining multiple energy solutions from solar, wind, mini-hydropower, and biomass energy sources. This presents a range of opportunities for foreign investors and private sector entities, offering potential in renewable energy projects, infrastructure development, and sustainable energy solutions.

MARKET OPPORTUNITY

São Tomé and Príncipe’s abundant sunshine, strong tidal winds, and high hydroelectric potential from its rivers and streams position the country as an ideal candidate for renewable energy generation. With an average of 4.32 hours of sunlight per day across the country, São Tomé is well-placed to benefit from technological advancements in renewable energy. This offers a significant opportunity to reduce reliance on imported fossil fuels, enhance electricity access, and promote sustainable development. By harnessing its natural resources, the country can not only meet its energy needs but also support a greener, more resilient future.

INVESTMENT REQUIRED

This project presents an investment opportunity to develop critical renewable energy infrastructure in São Tomé and Príncipe, including solar photovoltaic plants, mini-hydropower projects, and biomass facilities. With the country’s commitment to increasing its renewable energy share and improving energy security, investors can expect strong returns as São Tomé transitions toward sustainable energy solutions.

GOVERNMENT INCENTIVES

• Reduced income tax rate of 10% for both resident and non-resident businesses involved in new ventures or expansions.

• Exemption from import duties on renewable energy equipment.

• Accelerated depreciation for investment assets, enhancing financial returns.

• Grants up to 50% tax deduction for specialized equipment purchases.

• Comprehensive legal framework “The Regulatory Framework of the Electricity Sector” (RJSE) designed to liberalize the energy sector and facilitate the growth of renewable energy production.

INVESTMENT TYPE

Public Private Partnership

COUNTRY OF DEAL: São Tomé and Príncipe ›› For more information, please email info@citdmiami.org

PROJECT PROMOTER: APCI, Government of São Tomé and Príncipe

SECTOR: Agribusiness SUBSECTOR: Fisheries and Aquaculture

LOCATION: São Tomé Island, Gulf of Guinea

COUNTRY OF DEAL: São Tomé and Príncipe

PROJECT DESCRIPTION

São Tomé and Príncipe produces some of the world’s finest cocoa due to its ideal growing conditions, including fertile land and a favorable climate. The country is rich in natural resources and strategically located in the Gulf of Guinea, with its Exclusive Economic Zone (EEZ) being 160 times larger than its land area. The fisheries sector is a key growth driver as the nation shifts towards a blue economy, focusing particularly on fishing and aquaculture. This transition is central to the country’s efforts to achieve food security and unlock the full potential of its marine resources.

Export potential is strongest in the cocoa value chain, the palm oil industry, and several emerging non-traditional agricultural exports. Its proximity and access to the growing African, Asian and European presents opportunities for the country to provide goods and services across the region, expanding the country’s export base.

MARKET OPPORTUNITY

The fisheries sector plays a crucial role in São Tomé and Príncipe’s economy, employing over 6,900 people in artisanal fishing and related trades. While the country has a catch capacity of 29,000 tonnes, current annual catches account for less than 25% of this potential, presenting a substantial opportunity for growth. With an estimated market size ranging from $60 million to $200 million, the sector is well-positioned to meet the rising demand for sustainably sourced seafood. Furthermore, trade agreements like AGOA and the African Continental Free Trade Area (AfCFTA provide access to lucrative international markets, further enhancing export potential.

INVESTMENT REQUIRED

São Tomé is seeking investments to establish fish and seafood processing plant, enhance value-added production for chocolate and cocoa products, and boost agro-processing of natural fruits and vegetables. Investors can expect internal rates of return (IRR) between 12% and 24%, driven by the country’s strategic location and commitment to sustainability. The agricultural sector also offers promising investment opportunities, with potential returns of over 15%, particularly in key crops such as cocoa, palm oil, and local horticulture.

GOVERNMENT INCENTIVES

• Reduced income tax rate of 10% for resident and non-resident businesses involved in new ventures or expansions in the sector.

• Import duty exemptions for goods and equipment for new activities or expansions

• Accelerated depreciation on investment assets in the fisheries sector.

• Access 50% tax deduction on amount invested in specialized equipment

INVESTMENT TYPE

Public Private Partnership

›› For more information, please email info@citdmiami.org

Despite the establishment of Western institutions and the adoption of modern governance systems, traditional institutions in Africa have shown remarkable resilience over the centuries. In Sub-Saharan Africa, kings and traditional rulers in Nigeria, Ghana, Côte d’Ivoire, and Cameroon continue to play a vital role in promoting peace, preserving culture, fostering social cohesion, and ensuring security in their communities. As a result, the relevance of these institutions remains strong and enduring.

One such African monarch who is shaping contemporary society and fostering stability while navigating shifting power dynamics is the Paramount Chief of the Assin Owirenkyi Traditional Area (Assin Kushea). Located in the Central Region of Ghana, West Africa, Kushea is the capital of the Assin Owirenkyi Traditional Area within the Assin North District. The town is positioned along the Accra-Cape Coast-Kumasi highway, making it relatively accessible from key urban centers like Cape Coast to the south and Kumasi to the north.

Kushea is distinguished for its rich history and vibrant cultural heritage, featuring historic statues, landmarks, and sites that reflect its deep traditions and storied past such as the Tomb of the Unknown Slave which stands as a symbol of the region’s connection to the transatlantic slave trade. Beyond its cultural landmarks, the kingdom of Assin Owirenkyi is blessed with beautiful landscapes, lush vegetation, and abundant water bodies that are home to unique species of wildlife, making the region both a cultural and ecological treasure.

In addition to its cultural and historical significance, Kushea is also known for its lavishly furnished palaces, architectural masterpieces that reflect

Ghana’s Cultural Heritage

CELEBRATING KANTAMANTO FESTIVAL AND THE RICH CULTURE OF ASSIN OWIRENKYI TRADITIONAL AREA

BY PETUNIA THULO

the grandeur of the Assin Owirenkyi kingdom. The Kushea Royal Palace is one of Africa’s largest royal residences – set within beautifully manicured botanical gardens that stretch across 7.4 acres of lush, green landscape, promoting eco-friendly tourism while showcasing the kingdom’s regal legacy.

The palace not only serves as the residence of the Paramount Chief but also as a cultural center where traditional ceremonies, festivals, and gatherings take place, further underscoring the importance of preserving the cultural identity of the Assin people, even in the face of rapid

modernization. The natural beauty of the area, combined with its rich history, makes Kushea and the surrounding Assin Owirenkyi kingdom a unique and invaluable part of Ghana’s heritage, drawing visitors and researchers who seek to understand both the cultural and environmental significance of this dynamic region.

Seated on the magnificent royal throne of the Assin Kushea Kingdom is His Majesty Ehunabobrim Prah Agyensaim VI, who was known as Wellington E. Jonah in his private life before ascending the throne in June 1983. Born in 1942, he is an accomplished legal practitioner and business law consultant with over 40 years of experience in both the public and private sectors.

His Majesty earned his BA (Hons) in Business Law from Metropolitan University in London. He is a Fellow of the Chartered Institute of Administrators & Management Consultants in Ghana and holds leadership roles as Chairman and Director of several international organizations and corporations. Additionally, he is a member

of the Council of State – Ghana’s Constitutional Presidential Advisory Board, a member of the Central Regional House of Chiefs, and the Life Patron of the Assin North Council of Chiefs.

He is married to Mrs. Elizabeth Jonah, and together they have four children: Fidel, Glen, Nathaniel, and Lavina. His extensive professional background continues to inform his leadership, as he guides the Assin Kushea Kingdom with wisdom and vision.

Under the four-decade leadership of His Majesty, the customs, arts, traditions, and natural beauty of Assin Kushea have been preserved and elevated to national prominence. For example, the annual Kantamanto Festival has become an important cultural and community celebration by the Assin people, marked by various traditional ceremonies, cultural performances, parades, and social activities, all of which showcase the rich cultural heritage of the Greater Accra Region.

PARAMOUNT CHIEF, PRAH AGYENSAIM VI

QUEEN MOTHER, NANA ESAABA SERWAA FORIWAA I

Held every year during the last week of October, the Kantamanto Festival is a colorful event that spans an entire week, featuring a wide range of exciting activities. These include a football gala, fundraising events, the 21-kilometer Kushea Marathon, community cleanup initiatives, and health screenings. The festival attracts participants and visitors from across the globe, as well as local and international tourists.

Furthermore, under his reign, the community has witnessed significant socio-development, a rise in tourism, and has earned recognition as the cleanest community in Ghana, further solidifying its reputation as a model of environmental stewardship and community pride.

Ehunabobrim Prah Agyensaim VI is an influential figure playing a key role in bridging the gap between traditional customs and modern

governance, while balancing political and social realities. The Paramount Chief is a cornerstone of both local governance and community cohesion in the region. Through his leadership, he helps guide the Assin people in

navigating the complexities of today’s world, while also contributing to the broader national dialogue on traditional leadership and its relevance in modern Ghana. n

ECLECTIC CHIQUE

THE RISE OF NIGERIAN FASHION BRAND

BY TENI MAJEKODUNMI

In 2012, after experiencing a personal loss, the founder Teni Majekodunmi found solace in one of her hobbies; crafting. What started out as a form of therapy has since evolved into Eclectic Chique, an award-winning artisanal fashion brand known not only for exclusive designs but also for its social impact.

At the core of Eclectic Chique’s mission is the goal to raise

the bar of African products internationally, with a clear focus on developing the fashion and textile industry in Nigeria, and empowering women whilst doing so. We particularly love to source from female owned suppliers, and pride ourselves on 90% of our raw materials being from the local area, helping to boost our economy and continue to support the economy through beautiful products that celebrate our heritage.

Our artisans are the heart of the business, the last 10 years of our existence we have trained over 10000 artisans and now have a new goal of 100000. Each piece is lovingly handcrafted meaning that workers learn new skills throughout their time at Eclectic Chique, whilst customers are ensured products of the highest quality.

Initially, we began as a brand working with African-made fabrics such as Ankara and Adire, alongside custom prints we designed in-house to create accessories. However, in 2020, we made the strategic decision to shift our focus exclusively to developing our own fabrics and designs, expanding our range to include clothing rather than solely accessories. This transition has been a tremendous success, allowing

us to elevate our products to what we now proudly refer to as ‘wearable art.’ Since 2020, we’ve launched several signature collections, including Iranti, Textura, and TICA, each one representing a unique expression of our evolving artistic vision. Each piece is highly versatile, reflecting both our cultural heritage and modern design sensibilities.

Based in Lagos and Abuja, Eclectic Chique has extended its reach across the globe. Throughout the year, we regularly host pop-up events in various parts of the world, including the UK, US, and beyond. Our ability to consistently merge fashion with art has resonated with a diverse international audience, solidifying our presence in the global fashion industry. n

Three Scores and a Decade

CELEBRATING A REMARKABLE MILESTONE @ 70

Dr. Gladys Opong-Tetteh is the Program Coordinator for Family Medicine Institutional Residency Program at the Jessie Trice Community Health Systems in Miami. She has more than 50 years of varied professional experience in education and healthcare services. Originally from Ghana, Dr. Opong-Tetteh is a highly esteemed leader within the African Diaspora community in South Florida. She recently celebrated her 70th birthday in grand style, with CITD Miami Global Magazine present to cover the event live.

Celebrating a milestone like your 70th birthday is a remarkable occasion. How did you put such a memorable celebration together and what made the event truly special for you?

From the family of ten, only two of my siblings lived to see 70 plus. All my family members, including my papa and mama’s life span ranged between 49 and 68 years. Except one sister and brother who passed on at the ages of 73 and 83.

This got me to start thinking about my life and death. Secondly, it also occurred to me that every time my family met was for a sad occasion (funeral). The Opong family is a very loving and god-fearing group of Africans, who care dearly for each other. So, the thought came to me to change the tears and sadness into a fun-loving atmosphere, even if it is for one day. That was when I started thinking about my birthday, if my God permitted me to see my 70th birthday, which occurred on August 27, 2023.

I took time to plan this celebration to share enjoyment, take time to reflect on the past, appreciate each other, and extend great appreciation to our Lord and Savior for making me see more than three scores and ten. I also felt this should be a time to reminisce together while we have each other, savor the moment, and express deep gratitude to make lasting memories. So, I took the pains of my siblings’ death, my own life, and the camaraderie of my family, friends and loved ones, into consideration to make this event truly special. This was one occasion I will never forget, celebrating this momentous occasion with my family members and dear friends and acquaintances who traveled from far and near to join in this celebration. Reflecting on a milestone, what experiences shaped your life and how has your outlook on life evolved over the years?

I started pondering on this milestone around the age of 50, as to where and what I would be at the age of 70 years. This took me to start reflecting on my past experiences, my victories, setbacks, my strengths, relationships, and the total areas of my growth. Incorporating these thoughts shaped my values and beliefs, causing me to create a self-awareness. Thus, acting as my guide to navigate my present and the rest of my life with deeper purpose.

This period of my life’s journey has been such a profound and transformative experience, shaping my self-awareness, self-acceptance and self-improvement. Through self-analysis, I learnt to recognize and clinch all the aspects of myself. This led me to know my Lord and Savior deeper. Thus, preceding a greater sense of authenticity, uphold fulfillment, and make conscious choices to negotiate challenges with grace,

foster inner peace and reliance in the face of adversity. Finally, absorbing in self-improvement pursuits (such as relocating to another state to accept a challenging job position and earning my PhD degree) encouraged me to unlock my full potential to strive for excellence in all areas of my life. Overall, lessons and the challenges acquired along my lifetime to now, will continue to shape my personality and perhaps influence the rest of my future endeavors.

Evaluating the past seven decades, what accomplishments are you most proud of, both personally and professionally?

Within this milestone, I acquired many self-improvement efforts that have led to several personal and professional developments and

accomplishments. This therefore has enabled me to unbolt my potentiality striving for excellence in the various aspects of my life. However, having my daughter, achieving a Ghana Government scholarship to study overseas, procuring PhD degree in philosophy at the age of 67, coupled with the proclamations received from Miami-Dade County, and City of Doral, have been the accomplishments I am most proud of.

If you could give one piece of advice to young people today, what would it be?

I will advise these young people to embrace the complexities of human experiences and the power of their own self-reflection, to embark on their own journey of self-discovery. Such will help them to realize their full

potential. Human lives are a long process, so these young people should look forward to their developmental and transformational endeavors that may lie ahead of them. What goals would you like to pursue in the years to come? What hobbies or activities do you enjoy most and how do you spend your free time?

I have come to appreciate the importance of selfreformation as a continuous process for growing and learning. So, even though it is my determination to take things slow from henceforth, I am rather planning to continue more in reading, learning and researching various topics to expand my horizons and cultivate a growth mindset to embrace change and novelty. Since 2020, I started changing and adapting to any new challenge that may come my way, adapting a sense of pliability, and self-mastery to

propel me towards greater success and fulfillment. This involves exploring new opportunities for learning.

Outside my employment, I often enjoy lying on a couch to watch good movies in a relaxed atmosphere. In my present employment, I do lots of writing and research, making me mentally tired at the end of the day. So, I have learned to listen to my body, and if it demands rest, I slump into it. On weekends, I do attend meetings for the various organizations I am associated with, if I must.

I have various hobbies that I embark upon every now and then. These are intellectual activities, educational pursuits, investing, reading and researching. However, the hobby I most enjoy is being creative in many diverse projects such as event planning. n

ART OF TRANSFORMATION

AFRICA GLOBAL: ELEVATING AFRICAN CONTEMPORARY ART

BY BABACAR MBOW

Since 2000, the Ten North Arts Foundation has championed the promotion of the artistic and cultural expressions of people of African descent. Through its Art of Transformation initiative, the organization is committed to bridging and safeguarding the heritage of the African continent and its Diaspora.

Located in Opa Locka, north of Miami Dade County, the municipality reflects pan-African migration with a huge population of African Americans, continental Africans, Caribbean, South, and Central Americans of African descent. The Ten North Arts Foundation has positioned itself in the community as an engine for creative collaborations to strengthen the ties between Africans on the continent and in the diaspora.

The Foundation’s cultural travel exchange program facilitates annual visits to five African countries for art acquisition. Through this initiative, renowned African contemporary artists such as Abdoulaye Konaté (Mali), Barthélémy Toguo (Cameroon), Viyé Diba (Senegal), George Edozie (Nigeria), and Siriki Ky (Burkina Faso) have gained recognition in the Miami art scene. As a result, the organization has become one of the largest private collectors and curators of African contemporary art in the United States. Also, many American collectors have been inspired to join the Foundation in visits to African art Fairs such as the Lagos Biennale, Nigeria; the African Biennale of Dakar, Senegal; Segou Art, Mali and 154 Marrakesh, Morocco.

GEORGE EDOZIE, NIGERIA. OBIAGELI, FABRIC, MIXED MEDIA, METAL

ROSEMARY KARUGA

Another key initiative drawing contemporary visual artists from Africa, Haiti, and the African Diaspora to Miami every year is the AFRICA GLOBAL event, held every December in conjunction with Art Basel Miami. This “Art of Transformation” project stands as a hallmark of Pan-African cultural integration, providing a dynamic platform that enhances South Florida’s economic, cultural, and tourism potential.

AFRICA GLOBAL features a series of exhibitions, panel discussions, performances, and film projections to explore issues in African and African Diaspora contemporary art and to provide opportunities for increased visibility for African artists. In the past, the event has showcased “Obiageli,” the artwork of a Nigerian artist, George Edozie, whose works have been collected by major museums of contemporary art in the U.S. such as the Museum of Contemporary Art North Miami Florida, the Indianapolis Museum of Art and the Harlem Studio Museum.

Recognizing the vital role that arts and culture play in the holistic development of a community, the Ten North Arts Foundation operates at the intersection of art, design, and public space. It amplifies key voices in the ongoing conversation at the heart of art, community, and cultural representation. n

OULU OMADA. NIGERIA. GREEN NEST, 2018 122X23 CM RECYCLED WELDED NAILS

OULU OMADA, NIGERIA. RED NEST, 2018 158X23 CM RECYCLED WELDED NAILS

FODE CAMARA, PERFUME OF THE NEW YEAR.

RHYTHMS OF UNITY

CELEBRATING THE AFRO-CARIBBEAN MUSICAL RENAISSANCE

BY KETSIA FERNANDO

There is a sound that transcends borders, a rhythm that pulsates through the veins of nations and cultures, uniting them in a shared celebration of life, identity, and freedom. This past summer, Afro-descendant artists such as KES the Band from Trinidad and Tobago, Flavor from Nigeria, and Olodum from Brazil came together to perform at Afrexim Fest in The Bahamas, marking the grand finale of the 2024 AfriCaribbean Trade and Investment Forum.

These leading performers gave a taste of their captivating melodies, acting as a cultural bridge that connects the diaspora and advances the idea of Global Africa. Their music captured the spirit of the African and Caribbean diaspora, reflecting the deep-rooted bonds between these two regions and uniting people through the universal language of music. KES the Band is led by their charismatic lead singer,

Kees Dieffenthaller, whose voice carries the warmth of the Caribbean sun and the soul of Africa - a perfect blend of his signature soca and calypso sound with Afrobeat rhythms. While hits like “Hello,” “Magic,” and “Savannah Grass” propelled him to international acclaim, his performance at Afrexim Fest set the atmosphere ablaze, delivering a musical experience that resonated with the audience.

Another performance that shattered geographical boundaries and brought down the house was by Olodum, the Afro-Brazilian percussion-driven cultural group. With their unique sound—a fusion of Brazilian samba, Jamaican reggae, and African percussion—the audience became united, dancing, vibing, and celebrating their shared heritage. It was as if the two sides of the diaspora found their common rhythm, creating a moment of cultural unity that embodied the broader mission of the Global Africa Initiative.

KEES DIEFFENTHALLER, KES THE BAND

This initiative, which seeks to foster stronger economic, cultural, and social ties between Africa and its diaspora, is seeing music take center stage as a tool for connection and empowerment. Africa has long been the heartbeat of the world’s music, influencing genres far beyond its borders. In return, the Caribbean has nurtured and developed these influences, creating new sounds that are now making their

As the Global Africa Initiative continues to evolve, music will remain at its heart. The rise of Afrobeat and Caribbean music on the global stage redefines new cultural landscapes from Trinidad to Lagos, proving that the sound of the islands is not just music—it is a global heartbeat. And this heartbeat is growing louder, carrying the Caribbean to the world, one rhythm at a time. n

OLODUM

A TASTE OF AFRIKIN

CULINARY JOURNEY THROUGH GLOBAL AFRICA

BY ALFONSO BROOKS

The 2024 edition of “A Taste of AfriKin” was a spectacular celebration that brought together flavors from 15 countries across the African diaspora. Held on September 1st at the Scott Galvin Community Center in North Miami, this event, timed perfectly with Miami Spice, served as a cultural and culinary feast that delighted the senses. More than just a food event, “A Taste of AfriKin” was a celebration of Black heritage, creativity, and culinary excellence. Guests were treated to an exciting array of traditional bites, from Afro-futuristic fusion dishes to nostalgic, time-honored recipes.

The event, organized in partnership with Celebrate West Africa and the City of North Miami, gathered local and regional vendors from South Florida to showcase their culinary skills. The event underscored AfriKin’s commitment to promoting food, culture, community, and creativity. Countries like Ghana, Nigeria, Ethiopia, Haiti, Jamaica, and more were represented through their unique cuisines, blending the tastes of Global Africa in one unforgettable night.

One of the event’s highlights was the playful “Jollof Wars,” where culinary contenders from Ghana, Nigeria, Senegal, and even Haiti’s Djon Djon rice competed for the title of best Jollof. This friendly rivalry embodied the spirit of AfriKin: uniting people through culture, food, and shared experiences.

Featured countries were: The Bahamas , Eritrea , Ethiopia , Ghana , Guyana , Haiti , Jamaica , Nigeria , Senegal , St. Croix USVI , Sint Maarten , Trinidad & Tobago , the United Kingdom , the United States , and an Asian Hibachi Fusion

“A Taste of AfriKin is a pivotal opportunity to redefine the narrative surrounding African culinary heritage and its profound influence on global cuisine. It is a movement that invites people to engage, participate, and become partners in nurturing a more inclusive and culturally rich community” says Alfonso Brooks, founder of AfriKin.

The post-event celebration echoed these sentiments, with attendees reflecting on a day filled with delicious food, music, and a sense of kinship that transcended borders.

Taking its place as a landmark event in North Miami, “A Taste of AfriKin” promises to return bigger and better next year, with plans already underway for Labor Day Sunday, August 31, 2025.

The term “AfriKin” is a fusion of two words—Africa and Kinship—a perfect encapsulation of the nonprofit

organization’s mission to foster cultural connections through art, cuisine, and education in human development. AfriKin goes beyond celebrating African culture, it is a movement that bridges divides, highlights shared humanity through cultural programming designed to promote empathy, unity, and transformation. n

THE POWER OF RESILIENCE

A REFLECTION ON THE FASCINATING STORY OF HOW SIMONE BILES BOUNCED BACK

BY DELFINA STUZYNSKA

When the 2024 Olympic Games opened in Paris in the Summer, neither Simone Biles nor millions of her fans around the world, who remembered her experience in the last Olympics in Tokyo, knew for sure what would happen in the weeks ahead. The story of how Simone Biles reclaimed her top place in women gymnastics is both fascinating and a masterclass on the power of resilience and self-determination.

The 2024 Paris Olympic Games turned out to be an extremely successful outing for Team USA with 40 gold, 44 silver, and 42 bronze medals packing a total of 126 medals to top the medal podium - the team’s best performance since

Los Angeles 1984. Even though all 31 teams and 595 athletes recorded huge success, some athletes distinguished themselves through outstanding performances in their various sports, Simone Biles was clearly one of those.

Born in Columbus, Ohio, the third of four siblings, placed in foster care at an early age before being adopted by her grandparents and raised in Spring, Texas. The 27-year old’s journey from such a humble background to becoming the most decorated gymnast in history with 11 Olympic medals, 7 of which are gold, and 30 World Championship medals, in which 23 of them are Gold, is truly inspiring.

SIMONE BILES

Apart from the challenges associated with her upbringingwhich one could argue helped shape her resilient personality - her path to the pinnacle of the sport has not been without obstacles. Her setback at the 2020 Tokyo Olympics is still fresh in everyone’s mind. Simone Biles encountered serious mental health and safety problems with a condition known as the “twisties.” Twisties causes gymnasts to lose their sense of direction and body awareness while performing in the air, which can lead to dangerous landings. Biles described feeling lost and disoriented during her routines, which made it difficult for her to safely execute her skills. Given the high stakes and the risk of injury, she chose to withdraw from several events to focus on her mental health.

Unsure if she would be competing again after this episode, the extraordinarily talented gymnast went back to the drawing board, focusing on overcoming her mental health difficulties with strong support from her family, coach and therapists. She returned to the stage stronger and more determined than ever. In less than two years, she dominated the sport at the 2023 World Championships, setting new standards by winning five medals: four gold medals in the team, all-around, beam, and floor finals, along with one silver medal in vault.

Simone is the current holder of the “Laureus World Sports Award for Comeback of the Year”, an annual award honoring the achievements of those individuals or teams who have made a comeback performance in the world of sports. While the road to her historic comeback was marked by both physical and emotional struggles, a combination of factors - mental and physical recovery, renewed focus on training, and a reliable support system, contributed immensely to her success at the 2024 Paris Olympics.

Recognized as one of the greatest Olympians of all time, it was so refreshing to watch Biles mesmerize the crowd and millions of her fans with her powerful tumbling, precision, and flawless execution of some of the most complex skills in the sport including vault, uneven bars, balance beam, and floor exercise.

As she fondly describes herself “Simone Biles from Spring, Texas, who loves to flip” – she is absolutely the greatest gymnast of all time. n

CITD-MIAMI PROGRAMS

Africa Trade Expansion Program

Africa Trade Expansion Program is a comprehensive export development program designed to accelerate Africa’s exports into the Americas market. The special intervention program provides integrated Technical Assistance and Market Access to African manufacturers in three (3) key sectorsFood & Beverage, Textile & Fashion, and Arts & Crafts.

Americas Food and Beverage (AFB) Show

Americas Food and Beverage (AFB) Show is a global market access platform which has consistently delivered great results to food and beverage companies seeking to enter or expand their footprints in the Americas market. Exhibit in the Africa Pavilion and boost visibility for your products in the Americas market.

Governance and Economic Development (GED) Program

Governance and Economic Development (GED) Program is a strategic gathering of political leaders, top government officials, key cabinet members, heads of agencies and a few private sector executives across Africa to advance leadership excellence, accelerate economic development and to strengthen bilateral exchange between the U.S. and Africa. Powered by CITD – Miami in partnership with the World Strategic Forum (WSF) and the University of Miami Herbert Business School.

Export Enabler Program

Export Enabler Program is a multi-layer capacity building program which involves a combination of activities, strategies, and methodologies to provide guidance to SMEs through each stage of their export evolution. The program is implemented through the following export development activities, in a phased approach: Export Readiness Assessment, Export Competitiveness Audit, Export Training, Export Marketing Plan and Target Country Selection, Export Technical Assistance for Regulatory Compliance and Market Access Strategy Implementation.

2025 INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT EVENTS

Miami International Boat Show

February 12 – 16, 2025

Greater Miami and Miami Beaches (1901 Convention Center Drive, Miami Beach FL. 33139)

Miami Film Festival

April 4 – 13, 2025

300 SW 3rd Street, Miami, FL 33131

Mines and Money Miami

February 20 – 21, 2022

James L. Knight Center, Miami

Seatrade Cruise Global Miami

April 7 – 10, 2025

Miami Beach Convention Center

22nd Annual International

Women’s Achievement Awards

Organized by World Trade Center Miami

March 7, 2025

The Biltmore Hotel, 1200 Anastasia Ave., Coral Gables, Florida 33134

Ultra Music Festival

March 28 –30, 2025

Bayfront Park, Downtown, Miami, Florida

Formula 1 Crypto.com Miami Grand Prix

May 2 – 4, 2025

Hard Rock Stadium, Miami Gardens, Florida

Concordia Americas Summit

March/April 2025

University of Miami, Coral Gables, Florida

SelectUSA Investment Summit

May 11 – 14, 2025

Gaylord National Resort & Convention Center, National Harbor, MD 20745

U.S. - Caribbean Business Conference

May 13 – 14, 2025

Hilton Miami Airport Blue Lagoon, 5101 Blue Lagoon Drive Miami, FL 33126

Your Global Trade and Investment Partner

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