Editorial News of Monday, 10 July 2000

Source: BUSINESS WIRE

REMINDER/West Africa: The New Investment Frontier

You are cordially invited to attend a Reception to officially launch an unusual private-sector Trade Mission to Ghana, West Africa

(BUSINESS WIRE)--July 6, 2000-- Who: The Honorable Koby Koomson, Ghana Ambassador to the United States

Congressman Greg Meeks, 6th District, New York (Queens) Kennon A. Brennen, CEO of Phyto-Riker Pharmaceuticals, Ltd. Modern Africa Growth & Investment Company (MAGIC)

When: 7-9 p.m. Monday, July 10, 2000 Where: The Club House, 45 Wall Street

What: An important new West African pharmaceutical company and a trade mission of nearly two dozen African-American businessmen and women are building two-way business traffic between West Africa and New York City.

Reception with exotic drinks and hors d'oeuvres from West Africa Photo opportunities with government officials and mission members in colorful dashiki and headdress

Interview opportunities with authoritative and quotable public figures and African-American entrepreneurs, with facts and figures about West Africa as the new frontier for private investment, including:

Kennon A. Brennen, CEO of Phyto-Riker Pharmaceuticals, Ltd. NYC-based Phyto-Riker, one of the largest minority-led pharmaceutical companies in the world, is on a mission to bring low-cost AIDS and other drugs to the people of Africa. With $29 million in financing from JVW Investments and Modern Africa Growth & Investment Company (whose investors include Citigroup, Microsoft, Archer Daniels Midland, Equitable UK, Societe Generale and SunAmerica), Phyto-Riker's huge plant in Accra, Ghana is already turning out life-saving drugs at rock-bottom prices for this ravaged region. CEO Ken Brennen is not only a humanitarian but a brilliant businessman -- a most unusual combination. The Phyto-Riker story has never been told in the U.S. -- this is your chance to break it.

Members of the trade mission

Typical small and mid-size African-American businessmen and women who have the business skills and capital to create jobs both in New York City and Ghana on similar socially useful projects. Each one has a special reason for joining the mission, and an individual take on its goals.

RSVP

Linda Perkins, Director of Public Relations, Phyto-Riker, at (212) 269-7982 45 Wall Street, New York, NY 10005