USAID enhances West African export potential to US

trade containersFrom OKORO CHINEDU in Lagos, Nigeria
LAGOS, (CAJ News) – LOCAL coordinators have received training to assist businesses with the processes and documentation required for exporting to the United States under the African Growth and Opportunity Act (AGOA).

The United States Agency for International Development (USAID) West Africa Trade and Investment Hub (Trade Hub) has offered the two-day training that ended on Wednesday.

Coordinators from AGOA Trade Resource Centers (ATRCs) in Benin, Burkina Faso, Cameroon, Côte d’Ivoire, host country Ghana as well Nigeria and Senegal have been trained.

They have received training to deliver services in trade intelligence, export development, business promotion and trade facilitation to existing and potential exporters.

Hosted within local institutions, the ATRCs have assisted over 2,700 businesses seeking to export to the United States under AGOA, which waives duties and quotas on thousands of goods made in eligible sub-Saharan African countries.

Since 2005, USAID has provided grants to build the sustainability of the ATRC network and the host institutions which provide trade-related services to private sector companies.

The grants cover training and the costs of building a database of exporters, further enabling ATRCs to develop exporters’ capacity, market linkages, and sector-specific strategies to boost trade.

USAID supports greater use of AGOA’s tariff advantages across West Africa.

– CAJ News

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Posted by on Apr 13 2016. Filed under Africa & World, Featured, Finance, National, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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