USADF pledges support for African businesses

USADF pledges support for African businesses

Ugochukwu said Tom Coogan, Regional Director, Anglophone Africa, USADF, made the pledge during the chamber’s recent trade mission to the US.

Coogan said the Foundation would continue to provide seed capital and local technical support to early-stage agriculture, off-grid energy and youth-led enterprises in Africa.

He said US investment in local economic development would improve lives, foster peace, security and boost trade between the US and its African counterparts.

Amb. Sylvanus Nsofor, Nigerian Ambassador to the US, commended the Chamber for taking the lead to link local businesses to global enterprises.

Nsofor reassured the Chamber of continued support in the US, as the Embassy was willing to assist businesses in every capacity possible.

Otunba Oluwatoyin Akomolafe, National President, NACC, said it was pertinent to organise the trade mission considering increasing US investment interest in Africa, and the recent trade talks between both countries at both the private and government levels.

Akomolafe said the mission presented an opportunity for delegates to grow their network, expand into new markets, exchange market knowledge, gain insight from industry experts and promote their businesses across borders.

He said the trade mission which had about 20 delegates participated in a Business-to-Business matchmaking session at the Nigerian Embassy; and also attended the African Trade and Investment Global Summit.