Home ECONOMY Tatu City shareholder appointed as Trump advisor on Africa

Tatu City shareholder appointed as Trump advisor on Africa

by biasharadigest

Frank Mosier, the chairman of Rendeavour, the owner and developer of the Tatu City Special Economic Zone in Kiambu County, has been named to a special committee advising President Donald Trump, the U.S. government announced.

Mr Mosier, the largest American investor in Rendeavour and Tatu City, has been named to the 26-member President’s Advisory Committee on Doing Business In Africa (PAC-DBIA), joining executives from GE, Visa, Bechtel, Mastercard, Pfizer, IBM and other companies.

The announcement was made by Secretary of Commerce Wilbur Ross.

The PAC-DBIA was established in 2014 to provide analysis and recommendations to the White House on strengthening commercial engagement between the United States and Africa.

The body informs U.S. government policies and activities across the continent, particularly in advancing the economic pillar of the Trump Administration’s Africa Strategy through Prosper Africa, an economic initiative to substantially increase two-way trade and investment as well as support increased jobs in the United States and Africa.

“The United States is making real progress in Africa, and we remain a strong, long-term, and stable partner in the continent’s economic development especially through the Prosper Africa initiative,” said Secretary Ross.

Tatu City has attracted more than 50 businesses to its light industrial and logistics park, including multi-nationals like Unilever and Kenyan champions like Cooper K-Brands, Dormans, Chandaria, Maxam and Kim-Fay.

Two schools have opened at Tatu City in the last two years, educating more than 1,500 students, a number which will double in the next 2-3 years.

Mosier, a long-time emerging markets investor, is from the U.S. state of Pennsylvania.




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