Professional Documents
Culture Documents
Background
Established in March of 2008. Established with the assistance of U.S. Senator Benjamin Cardin and the support of Prince Georges County, Maryland Executive Jack Johnson to meet the needs of Maryland businesses as they engage African trading partners to complete mutually beneficial trade deals benefiting both economies. Initial funding for The Africa Trade Office came through federal grants.
Commerce for the New Millennium Commerce for the New Millennium
Objectives
Expand trade between SMEs in the County, State of Maryland and throughout the U.S. and certain countries in Africa; Offer specialized training; One-on-one counseling; Evaluation of business needs and business assistance support to determine capital requirements; Deal development through hand-held support followed by trade mission(s).
Commerce for the New Millennium Commerce for the New Millennium
Objectives
Develop database of vetted opportunities for U.S.
viable partners.
Africa Trade Office and U.S. government agencies, State agencies and NGOs to establish mentoring and sub-contract procurement ops for SMEs; Direct Investment into Maryland from Africa;
Expand exports from Maryland to Africa and increase Foreign Create new U.S. jobs and taxes.
Commerce for the New Millennium Commerce for the New Millennium
Key Markets
Angola Benin Botswana Burkina Faso Cameroon Cape Verde Cote dIvoire Ethiopia Ghana Gambia Kenya Lesotho Liberia
Commerce for the New Millennium
Madagascar Mali Malawi Mozambique Namibia Nigeria Rwanda Senegal Sierra Leone South Africa Tanzania Uganda Zambia
Significant Partnerships
Office of the County Executive US Small Business Administration US Commercial Service Blacks in Government Africa Secretariat Law Offices of Alexander and Cleaver Associates African Investment Corporation The Corporate Counsel on Africa Leon H. Sullivan Foundation Office of The US Trade Representative USDA/ Agricultural Research Service Various Embassies Overseas Chambers and business organizations
Agribusiness Workshops
Food Security and Commodity Markets
Infrastructure Investments to Connect Markets Technology For Improving Productivity Ag-Bio and Increasing Demand Food Products and Niche Markets Bio-Fuel Investments U.S. Ag-Import Compliance
Move to Close Trade Deals by Close Trade Deal in US or Applying Range On Trade Mission of Services
Commerce for the New Millennium
A local construction company was placed on the MCC short list of construction management companies for various MCC projects. A local construction company won a large contract to renovate the main international airport and runway in Ghana. A company exports Mack trucks to Nigeria. A company exports on-line US magazines and publications to Nigerian retailers.
Commerce for the New Millennium Commerce for the New Millennium
US buyers of Tanzanian arts/crafts and Gambian cosmetics were identified. A client exports medical and cleaning supplies to Tanzania. A client acquired a $500k line of credit. An entrepreneur exports education consulting services to Gambia. A successful construction company is establishing a subsidiary in Ghana from the extensive business support of the ATO.
The ATO hosted numerous prominent officials ranging from a sitting President, Governors, Members of Parliament, Ministers, Ambassadors and other government officials.
Conclusion
Thank You !
Elizabeth Crittenden International Business Development Specialist Prince Georges County Economic Development Corporation/Africa Trade Office ecrittenden@pgcedc.com 301-583-4615