Trade Hub partners with Nigerian-American Chamber of Commerce to build SMEs’ business-planning skills

To address a chronic access to finance gap, the Trade Hub and the Nigerian-American Chamber of Commerce (NACC) organized a business-plan development workshop for 15 agribusiness small and medium enterprises (SMEs) on March 8 in Lagos, Nigeria. “One major challenge that hinders businesses’ ability to access finance in the region is poorly developed business plans… Read More

Trade Hub takes AGOA awareness series to Mali

More than 70 Malian producers, processors and exporters attended a two-day exporters’ workshop in the capital city of Bamako. The March 1-2 workshop was the latest in the Trade Hub’s outreach and information series on the U.S. African Growth and Opportunity Act (AGOA). Though a number of the country’s major exports—including gold, cereals, and vegetables—are… Read More

USAID and Oikocredit launch loan facility in Côte d’Ivoire

Ivorian farmers and traders of cashew, cereals, livestock, mango, shea and other Trade Hub-supported agricultural commodities have more loan opportunities, thanks to a $24 million guarantee for social investor Oikocredit International backed by USAID’s Development Credit Authority (DCA). Signed at the end of September 2016 with USAID, the three-year partnership allows Oikocredit to extend more… Read More

In Senegal, Trade Hub-supported financial advisory firm launches services for small agribusinesses

La Financière Africaine, a member of the Trade Hub’s Financial Advisors network, launched its business development service program for agribusinesses on November 8 in Dakar, Senegal. At the event, CEO Abdoulaye Dieng said the new program would “bring together small and medium-sized businesses in the agricultural export sector and provide them with information about the… Read More

SMEs look to bridge the information gap to boost regional trade and access global markets

From October 31 to November 4, 47 regional small- and medium-sized enterprises (SMEs) convened in Abidjan, Côte d’Ivoire to share the challenges of growing their businesses and accessing international markets. This included specific conversations with officials from the Economic Community of West African States (ECOWAS) and West African Monetary Zone (UEMOA) on how SMEs can… Read More

Trade Hub promotes AGOA awareness and the importance of engaging financial advisers to access finance in Nigeria

The Trade Hub participated in a three-day SME financing conference and matchmaking exhibition, “Financing Non-oil Export Businesses and Franchises,” organized by the Nigerian American Chamber of Commerce in collaboration with the U.S. Embassy in Nigeria, October 5-7, 2016. The conference brought together over 500 participants including representatives from 50 SMEs and investors. The Trade Hub’s… Read More

Two cashew enterprises in Côte d’Ivoire receive $6.26 million to increase processing capacity

Two cashew businesses in Côte d’Ivoire have benefited from the Trade Hub’s network of Financial Advisors earlier this year, receiving a total of US$6.26 million as working capital and investment for a new cashew-processing facility. This type of financing supports the Ivorian Government’s policy to promote increased cashew processing in-country, generating jobs and furthering investments.… Read More

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