U.S. Government officials visited Red River Foods an American company based in Richmond, Virginia to discuss the company’s recent $47 million investment in West Africa.
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RABAT, Morocco, Dec. 22, 2020 /PRNewswire/ U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler today announced a series of efforts to expand U.S. investment in Morocco and strengthen its role as an economic hub for the continent. In sum, these initiatives seek to mobilize $5 billion in investments in Morocco and across the region.
The announcements include:
The opening of a
Prosper Africa office to be based in Morocco. Through the Prosper Africa initiative, the U.S. Government aims to support $1 billion in new two-way trade and investment deals between the United States and Morocco, as well as countries across North Africa, over the next four years.