Ethiopia, Other African Governments Make Their Pitch in Houston

Ethiopian President Mulatu Teshome will host the 2014 U.S. - Ethiopia Investment Summit at the Houstonian Club in Houston, Texas on Wednesday, July 30th, 2014. (Photo: World Bulletin)

Houston Chronicle

By Chris Tomlinson

July 29, 2014

African officials will be in Houston Tuesday to tour American energy infrastructure and to pitch for investments in their power sectors.

The energy ministers from Kenya, Mozambique and Tanzania will meet Tuesday with U.S. Trade and Development Agency Director Leocadia I. Zak and Energy Secretary Ernest Moniz, as well as talk to officials from U.S. energy companies, the agency said.

Ethiopian President Mulatu Teshome will also host the 2014 U.S. – Ethiopia Investment Summit at the Houstonian Club on Wednesday.

American companies have lagged behind their global competitors in taking advantage of the enormous economic growth and potential for big returns on the continent. I’ve written about the need for American investors to reconsider their preconceived notions about Africa. Now there’s a chance of Houston executives to hear the pitch firsthand.

The goal of the energy ministers’ visit to Houston is to show them the benefits of infrastructure investment in energy projects, and to inform U.S. executives about possible projects in Africa.

Read more at the Houston Chronicle ยป

Related:
Houston Chronicle Editorial: Ethiopia Needs to Do Better

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