Trade Hub- supported $1.8 million loan funds factory expansion for Ivorian apparel company

O’sey is Côte d’Ivoire’s leading apparel factory. It is growing, in part thanks to vital, timely assistance from the U.S. Government -through the West Africa Trade and Investment Hub – as the company expands capacity and hires unemployed youth. The Trade Hub has been providing business advisory services to O’sey through the Hub’s Financial Advisor,… Read More

Growth financing approved for Nigerian agro-processors

Three Nigerian agro-processors of various sizes have new bank financing totaling Naira 421,706,825 (about $1.35m) for equipment and working capital, thanks to facilitation by the Trade Hub and its financial advisors’ network. Leading cereals processor Graceco Limited received a N350 million (about $1 million) debt facility from the Bank of Industry and Access Bank to… Read More

Communications team documents Hub impact in Côte d’Ivoire

In Côte d’Ivoire, the Trade Hub’s communications specialist, Jessie Lafourcade, teamed with Abt Associates’ senior communications manager, Ms. Leah Quin, to record major project collaborations with Ivorian businesses working in cashew, cereals, and apparel. On May 25, Ms. Lafourcade photographed a meeting between the founders of Ivorienne des Noix de Cajou (INC) and the chiefs… Read More

AGOA workshop presents spectrum of resources to Senegal’s exporting community

The Trade Hub took its U.S. African Growth and Opportunity Act (AGOA) outreach and information series to the Senegalese capital, Dakar, with a May 24 workshop on the benefits and procedures of the preferential trade agreement. Attending were 46 participants, including customs officials, members of the Senegalese Chamber of Commerce, Union Nationale des Commercants et… Read More

Second loan allows Ivorian cashew company to construct modern processing facility

In March 2017, the Ivorian cashew company, Ivorienne des Noix de Cajou (INC) received a loan of $8 million — capital that will enable INC to build a modern cashew-processing facility that will employ 300 full-time staff and secure about 6,000 MT of raw cashew nuts for processing. This loan is the second of two… Read More

New loan allows Ivorian cashew export company to start processing next year, thanks to Trade Hub support

The Ivorian cashew export company, Société Coopérative d’Anacarde du Kafigue avec Conseil d’Administration (SCAK COOP-CA), obtained a loan of $2,916,667  in March 2017 to purchase and export raw cashew nuts, and plans to install a processing plant next year,  allowing the company to expand its service offerings and increase its revenue in the long term.… Read More

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

West Africa Trade and Investment Hub - Accra, Ghana - contact@watradehub.com
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