{"id":243797,"date":"2022-11-23T15:48:48","date_gmt":"2022-11-23T13:48:48","guid":{"rendered":"https:\/\/www.africa-newsroom.com\/press\/united-states-us-government-launches-two-projects-to-boost-business-and-trade?lang=en"},"modified":"2022-11-23T15:48:48","modified_gmt":"2022-11-23T13:48:48","slug":"united-states-u-s-government-launches-two-projects-to-boost-business-and-trade","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/united-states-u-s-government-launches-two-projects-to-boost-business-and-trade\/","title":{"rendered":"United States (U.S.) Government Launches Two Projects to Boost Business and Trade"},"content":{"rendered":"<p><a href=\"https:\/\/www.africa-newsroom.com\/files\/large\/c8e1372a80256f0\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/files\/large\/c8e1372a80256f0\" alt=\"U.S. Embassy in Zambia\" style=\"max-width:500px\" \/><\/a><br \/><a href=\"https:\/\/www.africa-newsroom.com\/files\/download\/c8e1372a80256f0\">Download logo<\/a><br \/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/africarc\/loganalytics?press_id=227476&amp;press_source=U.S. Embassy in Zambia\" width=\"1\" height=\"1\" \/><\/p>\n<p>On November 22, Zambian Minister of Finance Situmbeko Musokotwane and U.S. Ambassador to Zambia Michael Gonzales launched two critical economic development projects funded by the U.S. government &ndash; the U.S. Agency for International Development (USAID) Business Enabling Project and USAID TradeBoost.&nbsp; These projects will improve business opportunities, create jobs, and increase incomes for Zambians working in the agriculture, clean energy, trade, and ecotourism sectors.<\/p>\n<\/p>\n<p>The USAID Business Enabling Project is a $14 million (almost 233 million kwacha) project that will bring inclusive private sector investment and trade to Zambia with a focus on supporting greater opportunities for women in the economy.&nbsp; By strengthening communication between government, industry, and civil society this project will improve policies and business processes to create and expand economically-viable enterprises.<\/p>\n<p>USAID TradeBoost is a $30 million (almost 500 million kwacha) investment project in Zambia through Prosper Africa&rsquo;s flagship Africa Trade and Investment program.&nbsp; Its overarching goal is to increase trade and investment nationally, regionally, and internationally that generates inclusive economic growth, particularly for women and youth, through climate-friendly economic approaches.&nbsp; Both projects will counter the rising food insecurity caused by multiple shocks including COVID-19, changing weather patterns, and Russia&rsquo;s war against Ukraine.<\/p>\n<p>During the launch event, U.S. Ambassador Michael Gonzales noted, &ldquo;By making it easier to do business and connect with trading partners, these projects will help Zambian businesses to produce more, create jobs, and provide a broader variety of healthy food options in markets. Adding value within Zambia to agricultural commodities and reaching new export markets means more money will reach Zambian workers&rsquo; pockets.&nbsp; At the same time, increasing food production and exports will vastly improve food security both locally and across the continent.&nbsp; It will also help to prevent malnutrition by providing a more nutritious and diversified menu of foods to Zambians and our brothers and sisters throughout the continent.&rdquo;<\/p>\n<p>The USAID Business Enabling Project and USAID TradeBoost will work side-by-side with other existing U.S. government-funded economic development projects to create an environment that addresses trade, agriculture, clean energy, and eco-tourism challenges while providing women and youth greater access to finance and capital.&nbsp; The programs will incentivize climate-friendly growth and build value chains linking rural areas to larger markets.<\/p>\n<p><i>Distributed by APO Group on behalf of U.S. Embassy in Zambia.<\/i><\/p>\n<\/div>\n<p> <a href=\"https:\/\/www.africa-newsroom.com\/\">Source: Africa Newsroom &#8211; APO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download logo On November 22, Zambian Minister of Finance Situmbeko Musokotwane and U.S. Ambassador to Zambia Michael Gonzales launched two critical economic development projects funded by the U.S. government &ndash; the U.S. Agency for International Development (USAID) Business Enabling Project and USAID TradeBoost.&nbsp; These projects will improve business opportunities, create jobs, and increase incomes for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":243798,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4584],"tags":[4585],"class_list":{"0":"post-243797","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa-news-2","8":"tag-apo","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/united-states-u-s-government-launches-two-projects-to-boost-business-and-trade.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/243797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=243797"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/243797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/243798"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=243797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=243797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=243797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}