(Archived Content)
Treasury Secretary Henry M. Paulson, Jr. will travel to Tanzania, South Africa, and Ghana to attend the meeting of G-20 Finance Ministers and Central Bank Governors and discuss the positive economic changes taking place on the continent with government and business leaders.
Africa is experiencing its highest rates of growth and lowest levels of inflation in 30 years, prompting increasing investor interest in the continent. Secretary Paulson will use his trip to discuss the underpinnings of Africa’s recent growth and explore ways in which the international financial community can further support Africa’s development. Additionally, Secretary Paulson will be highlighting the importance of conservation efforts in Africa and the complementary role they play with economic growth.
The Secretary will depart on Nov. 13 and arrive in Arusha, Tanzania on Nov. 14. On Nov. 15 he will co-host with Tanzanian Finance Minister Zakia Meghji a discussion on regional financial integration with the other finance ministers of the East African Community. While in Arusha he will also visit an innovative land trust and tour a mosquito net factory.
He will then travel to Cape Town, South Africa where he will deliver remarks on Nov. 16 at the U.S.-Africa Business Summit organized by the Corporate Council on Africa. He will also attend the meeting of G-20 Finance Ministers and Central Bank Governors in Kleinmond, South Africa on Nov. 17 and 18.
On Nov. 19, Secretary Paulson will be in Ghana to meet with President John Kufuor and co-host with Ghanaian Finance Minister Kwadwo Baah-Wiredu a meeting with private-sector financial leaders on financial sector development in West Africa following a tour of the Ghana Stock Exchange. Later that day he will be joined by African Development Bank President Donald Kaberuka to discuss infrastructure investment during a tour of Akosombo Dam.
The following events are open to the press:
What Visit Manyara Ranch and Meet with Community LeadersWhenThursday, November 15, 8:00 a.m. Local TimeWhereManyara RanchArusha, Tanzania
WhatVisit Lake Manyara Primary SchoolWhenThursday, November 15, 10:00 a.m. Local TimeWhereLake Manyara Primary SchoolManyara RanchArusha, Tanzania
What Tour A to Z Mosquito Net FactoryWhenThursday, November 15, 12:00 p.m. Local TimeWhereUnga Limited Industrial AreaArusha, Tanzania
What Joint Press Availability with Tanzanian Finance Minister MeghjiWhenThursday, November 15, 2:15 p.m. Local TimeWhereArusha Coffee LodgeArusha, Tanzania
What Signing Ceremony for USAID Financial Support for South African Small BusinessesWhenFriday, November 16, 2:30 p.m. Local TimeWhereCommodore HotelPortswood RoadPortswood SquareV&A WaterfrontCape Town, South Africa
WHATRemarks to Corporate Council on Africa’s U.S.-Africa Business SummitWhenFriday, November 16, 8:00 p.m. Local TimeWhereCape Town Convention CenterConvention Square1 Lower Long StreetCape Town, South Africa
WhatTour of Thandi WinesWhenSunday, November 18, 12:15 p.m. Local TimeWhereR310, LynedochStellenbosch, South Africa
What Tour of Ghana Stock Exchange Trading Floor and Ring Opening BellWhenMonday, November 19, 9:30 a.m. Local TimeWhereCedi HouseAccra, GhanaNote Open to cameras only
WhatPress Conference on OPIC Investment in AfricaWhenMonday, November 19, 11:00 a.m. Local TimeWhereCedi House, 1st FloorAccra, Ghana
WhatTour of Akosombo DamWhenMonday, November 19, 1:45 p.m. Local TimeWhereAkosombo DamAccra, Ghana
What Press AvailabilityWhen Monday, November 19, 3:15 p.m. Local TimeWhereVolta HotelAccra, Ghana
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