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Asoka Ranaweera
Chief Executive Officer
Tel: 202-494-5339

Grid2Grid, Investment Solution Group See’s Increasing American Engagement in Africa

U.S. Interest in Africa Serves as a Potential New Driver of Growth

Metropolitan Washington DC----May 13th, 2011. Africa has all of a sudden risen to the forefront of corporate America, as an investment and trade destination. Following many years in, which opportunities in Africa largely passed by American companies there is a realization that there are that are growing and active markets on the continent.

For many years Grid2Grid, LLC, through its Investment Solutions Group (ISG) took the lead in Metropolitan Washington DC in promoting Africa not as destination for aid projects but as a place where enterprise and business is flourishing driven in part by a generation of dynamic businessman and women who believe in the ability of their countries to flourish.

Grid2Grid is seeing unprecedented levels of interest in Africa amongst a wide segment of corporate America. From information technology companies, private equity groups, investment funds, industrial manufacturers through to consumer products groups the level of interest is exceptional. In part it is being driven by poor growth prospects in America, but by and large by the expanding purchasing power of African consumers and governments.

Commenting on this recent trend Grid2Grid group CEO Mr. Asoka Ranaweera said “We welcome increasing U.S. corporate interest, and hope that these inquiries are translated into genuine investment and trade projects in Africa. Broader and deeper American involvement at the corporate level in Africa is way over due. We stand ready to help American companies expand through our country relationships in West, East and Central Africa.”