As part of its efforts to boost Nigeria-US trade, the U.S. Agency for International Development, USAID’s West Africa Trade and Investment Hub (Trade Hub) has trained coordinators from seven West African countries.
A press statement by USAID noted that the step was taken to assist businesses with the processes and documentation required for exporting to the United States under the African Growth and Opportunity Act (AGOA).
The Coordinators from AGOA Trade Resource Centers (ATRCs) in Nigeria as well as Benin, Burkina Faso, Cameroon, Côte d’Ivoire, Ghana, and Senegal convened for training on how to deliver services in trade intelligence, export development, business promotion and trade facilitation to existing and potential exporters.
It stated that the participants also learned from best practices across the region and shared experiences in supporting 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 that 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.