People protest ontop of a mini bus in Lagos as labour and civil society protest over fuel prices, on January 9, 2012 in Lagos. Nigerian police fired tear gas and shot into the air as thousands of protesters converged on the governor’s office in the northern city of Kano

The alliance links the Chamber with the 15-nation Economic Community of West African States (ECOWAS), creating the US–ECOWAS Business Initiative (USEBI).

USEBI consists of US and West African companies working to increase two-way trade by removing or reducing commercial barriers, and by fostering a better understanding of their respective investment climates.

The initiative will focus on advocating for trade agreements, removing obstacles to trade and investment opportunities, launching policy-driven initiatives to promote bilateral trade and foreign direct investment, and strengthening US-ECOWAS cooperation on energy. It intends to facilitate trade, supply-chain and transportation development and grow the manufacturing base.

Scott Eisner, vice president of African affairs at the US Chamber, said, “Improved connectivity and infrastructure amongst African countries – superior rail, air, and water transportation systems – will set the stage for US businesses to engage in key sectors that will drive economic growth in those countries in a mutually beneficial manner.”

Source: ABM

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