Posts Tagged ‘Nigeria’

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Build on U.S.-Africa Business Forum by Discovering Opportunities in Africa

August 7, 2014

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Logo. The DISCOVER Series is your business's link to expanding your exports all over the world.

The DISCOVER Series is your business’s link to expanding your exports all over the world.

The United States is putting full focus on doing business in Africa, following President Obama’s  U.S.-Africa Leaders Summit and the U.S.-Africa Business Forum. Business Forum co-hosts Bloomberg.org and the Department of Commerce project the event will catalyze $14 billion in new business deals.

Even though the Forum is now behind us, there are still plenty of new opportunities available in Africa, and the International Trade Administration wants to help you find them.

Our new Doing Business in Africa portal is a one-stop shop for finding resources, seeing success stories, and learning about opportunities on the continent.

Our upcoming DISCOVER GLOBAL MARKETS: Sub-Saharan Africa event in Atlanta, Nov. 5-6, will bring together private and public sector experts to discuss:

  • practical advice on trade finance;
  • African market entry strategies;
  • risk mitigation on the continent; and,
  • opportunities in a broad array of industry sectors — including oil and gas, agribusiness, health care, information technology, franchising, and consumer goods.

Register Now for DISCOVER: Sub-Saharan Africa

 

 

DISCOVER also offers pre-scheduled, one-on-one meetings with U.S. Embassy personnel from Angola, Cameroon, Cote d’Ivoire, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, South Africa, and Tanzania.

These specialists work in African markets every day, and can counsel U.S. businesses on market potential, bidding on government contracts, qualification of business partners, and the local regulatory environment.

With the ongoing government emphasis on Africa, there’s never been a better time for your business to look at these promising markets. Register for the Discover Forum now, and contact your nearest Export Assistance Center to learn about more opportunities.

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U.S.-Africa Business Success Stories: How a Supplier of Powerboats to the U.S. Military Started Doing Business in Nigeria

July 31, 2014

This post originally appeared on the Department of Commerce blog.

Hann Powerboats’ customers include the United States Air Force, United States Navy, and the United States Army Corps of Engineers – and now, because of assistance that the company received from the Department of Commerce, they can add another name to their impressive list: the Nigerian oil and gas company, MOP Marine.

U.S. businesses like Hann Powerboats are increasingly seeing tremendous economic opportunity in Africa, and the reason why is simple: Africa is thriving. From 1995 to 2013, Africa experienced an average annual GDP growth rate of 4.5 percent. In 2012, eight of the twenty fastest growing economies in the world were in sub-Saharan Africa, and, according to the IMF, in 2013, total U.S. two-way goods with the region were $63 billion. Africa’s potential to be the world’s next major economic story is why businesses in the United States, like Hann Powerboats, want to offer their products, services, and expertise to help unlock even more of Africa’s potential – that is why the Obama Administration and the Department of Commerce remain committed to assisting American businesses in finding opportunity in this economically expanding region.

Hann Powerboats became interested in expanding its business to Africa when it was approached by a potential client in Nigeria to secure MOP Marine’s need for patrol boats. Hann Powerboats asked for assistance from the Tampa Bay U.S. Export Assistance Center (USEAC) and the U.S. Commercial Service (CS) team in Lagos to help with vetting this potential partner, and CS Lagos was able to facilitate meetings between Hann Powerboats and MOP Marine. The Tampa Bay USEAC then helped put Hann Powerboats in touch with the Nigerian Embassy in Washington D.C. to help with them acquire proper documentation. The result of this assistance allowed Hann Powerboats to make sales to MOP Marine for over $4 million.

The U.S. Commercial Service is the face of the Department of Commerce around the world, and each day they help U.S. businesses like Hann Powerboats start exporting or increase sales to new global markets. That is why the Department of Commerce is dedicating more human resources to Africa by expanding its commercial service teams in Ghana, Kenya, Morocco, and Libya. For the first time ever, the Commerce Department is also opening offices in Angola, Tanzania, Ethiopia, and Mozambique. With a greater footprint in Africa, the Obama Administration and the Department of Commerce aim to make Hann Powerboats’s and MOP Marine’s story just another common example of the United States and Africa doing business.

Businesses interested in learning more about the benefits of exporting should contact their local U.S. Export Assistance Center

Please check back regularly for more success stories about companies doing business in Africa.

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Discovering the Path to Compete, Win, and Grow in Exports

September 19, 2013

Greg Sizemore is the Director of the International Trade Administration’s U.S. Commercial Service in North Carolina. 

The Discover Forum featured an impressive list of speakers providing insight on doing business around the world. The image shows one speaker addressing all attendees during a keynote address.

The Discover Forum featured an impressive list of speakers providing insight on doing business around the world.

I just met 400 new contributors to the nation’s economic recovery.

After wrapping up this year’s Discover Forum, a premier event for businesses looking to increase exports, I’ve never been more confident about American companies and their desire and ability to compete in the global marketplace. Our ITA team worked with more than 300 business attendees from Raleigh, N.C., to San Antonio, Texas, to St. Paul, Minn., focusing on export strategies.

We had presentations about doing business all around the world, featuring speakers from the public and private sector who know how to compete and win overseas. Commercial diplomats from embassies across the world shared insights about doing business in their respective markets.

Representatives from companies like Western Union, Research Triangle Institute International, and Accenture shared their lessons learned and the strategies that have led to export successes for their businesses.

A buying delegation from Nigeria attended the Discover Forum, making connections with American businesses looking to do business in Africa.

A buying delegation from Nigeria attended the Discover Forum, making connections with American businesses looking to do business in Africa.

On top of that, U.S. commercial diplomats from 20 countries conducted more than 700 one-on-one counseling sessions with individual companies looking to develop export strategies for markets like Kuwait, Australia, and Chile. A special buying delegation from Nigeria met with several companies about doing business in Africa.

Add that in with the networking that always occurs at events like this, and what you have is a top-notch forum to assist any U.S. company interested in doing business overseas.

Discover Forum provided the knowledge and the connections that can give any business an advantage in the global marketplace.

Even better, the learning opportunities don’t end now that the forum is complete. Our trade specialists will continue to work with clients who attended so we can further develop export strategies. We’ll continue to share the information from this forum with other clients who request assistance from ITA. Upcoming annual events like Trade Winds, ACCESS, and next year’s Discover Forum will provide further learning opportunities for U.S. businesses. You can learn about all of our export promotion events and services at www.export.gov.

I can’t stress enough how helpful an event like this can be for a globally focused American business. I’m certain that anyone that attended Discover can vouch for how much they learned.

Wherever your business is, our ITA team is standing by to help any company that is ready to start exporting. I encourage you to contact your nearest Export Assistance Center, and I hope I will see you next year at Discover.

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