U.S.-Maghreb Entrepreneurship Conference to Be Held in Algiers
Washington â€" Business leaders and young entrepreneurs from the U.S. and North Africa will develop strategies to promote job creation at the first U.S.-Maghreb Entrepreneurship Conference in Algiers, December 1â€"2.
(Media-Newswire.com) - Washington — Business leaders and young entrepreneurs from the U.S. and North Africa will develop strategies to promote job creation at the first U.S.-Maghreb Entrepreneurship Conference in Algiers, December 1–2.
Hosted by the U.S. State Department and the U.S.-Algeria Business Council, the event will create a platform to discuss business ventures in North Africa and encourage support from both the government and private sector.
The conference will focus on promoting entrepreneurship among youth in North Africa. To achieve this goal, regional American embassies have selected 10 rising entrepreneurs to attend and present their views on how to overcome the challenges facing the region and ways to promote young entrepreneurs that will boost employment and build their futures.
The conference follows the Presidential Summit on Entrepreneurship, held April 2010 in Washington, and will offer delegates an opportunity to reflect on their experiences and share lessons learned. President Obama said, “Education and innovation will be the currency of the 21st century.” State Department officials believe that a successful development strategy relies on strong regional partnerships.
The U.S. State Department will announce the launch of a new public-private sector partnership, the North African Partnership for Economic Opportunity ( NAPEO ). In cooperation with the recently announced Partners for a New Beginning, NAPEO will build links among entrepreneurs and business leaders in the United States, Algeria, Libya, Mauritania, Morocco and Tunisia.
Conference sponsors believe that the Algeria conference, with its combination of business talent from the region and the United States, including entrepreneurs from the North African diaspora, is an ideal launching point for NAPEO. Not only will the conference promote cross-border business initiatives, it also will provide skills-training workshops, networking opportunities and a schedule of notable speakers, including the president of the Maghreb Young Entrepreneurs Organization, Monia Essaidi, and the chairman of the board of the Algerian-American Foundation for Culture, Education, Science and Technology, Dr. Elias Zerhouni.
The State Department’s assistant secretary for economic, energy and business affairs, Jose Fernandez, will deliver the keynote address at the conference.
“I am confident that our collaborative work with governments, businesses and civil society organizations across the North Africa region will lead to greater economic prosperity and security for all of us,” Fernandez said.
Following the conference, Fernandez plans to travel to Tunisia, Libya and Morocco, continuing to promote innovation and entrepreneurship throughout the region.
More information about the U.S.-Maghreb Entrepreneurship Conference is available at the website of the U.S.-Algeria Business Council.
( This is a product of the Bureau of International Information Programs, U.S. Department of State. Web site: http://www.america.gov )
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This story was released on 2010-12-02. Please make sure to visit the official company or organization web site to learn more about the original release date. See our disclaimer for additional information.