Leading companies and investors were gathered in New York City by the U.S. Government’s Prosper Africa project and Embassy in Kenya, along with a delegation of Kenyan government officials, to launch the 2023 U.S.-Kenya Business Roadshow.
The NBA, Mastercard, Copia Global, Equity Bank, The Children’s Place, and PVH, the parent company of well-known apparel labels including Calvin Klein and Tommy Hilfiger, were among the participants.
Ambassador Whitman unveiled six new Prosper Africa co-investments with American and Kenyan apparel companies worth at $55 million, fulfilling the promises made during the U.S.-Africa Leaders Summit.
These 20 co-investments, which Prosper Africa and the U.S. Agency for International Development (USAID) are supporting collectively, show how committed the United States is to advancing its economic relationship with Kenya.
The six fresh joint ventures with Americans and Kenyan apparel companies will connect American buyers with Kenyan manufacturers, creating more jobs in Kenya and across the United States by making it easier to do business together: MAS Intimates will create jobs in the formal sector and provide training for Kenyan workers to increase production of high-quality Kenyan made apparel.