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‘U.S. ready to boost economy, social businesses in Africa’

Discover AFDB-Nigeria Business Spotlight
Discover AFDB-Nigeria Business Spotlight

Senior Commercial Officer, United State (U.S.) Department of Commerce’s Liaison Office of the African Development Bank (AFDB), has revealed its plan to boost economy and social businesses in Africa.

Ashley disclosed this in Lagos while assuring that they are committed to strengthening commercial engagement with Nigeria through African Development Bank (AFDB).

She spoke at the first-ever Discover AFDB-Nigeria Business Spotlight which held at Microsoft Office in Lagos.

She noted that the United States was the largest non-regional shareholder at the African Development Bank, which had 54 operations in their Nigeria portfolio valued at $4.5 billion.

She said the objective of the event was to inform US companies of the business opportunities provided by AfBD which would translate to commercial engagement with Nigeria.

“The U.S. Commercial Liaison Office to the AfDB’s objective is to assist U.S. companies in navigating public and corporate procurement opportunities at the Bank and expand understanding of the resources of the AfDB’s private sector financing.

“We want to see more American firms active in doing business with the AfDB here in Nigeria as well as across the continent.

“Commercial engagement with Nigeria would improve the economy and social businesses, so the importance of this event cannot be over-emphasised,” she said.

“Our vision is to boost economy and social businesses in the Africa especially in Nigeria where we have strong relationship.

“This is one of the many steps we take in ensuring that the bilateral relationship between both countries are strengthened because Nigeria is a key partner for the U.S.” she told NAN.

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