Reporting Steve Murphy
Doing business in Africa was the topic of a meeting of prominent business experts in Minneapolis Wednesday morning.
“It’s just simply wide open. And it’s time to go in,” said Stephen Hayes of the Corporate Council on Africa.
NewsRadio 830 WCCO’s Steve Murphy Reports
Hayes was among those taking part in a conference at the University of Minnesota’s Carlson Global Institute. Hayes noted that companies like Cargill and General Mills already are doing business in Africa.
“The goal is to increase U.S. interests and investment in Africa. You can’t do that from Washington. The deals and decisions are made in the home corporations.”
Last year Minnesota exported $184 million worth of machinery, agricultural products and other goods to Africa.