Akindele Akinyemi’s Post

Read this...... First, our Global African Business Association Chief Executive Officer, O. Rerhi Onomake ABR, SRS,RCS-D™,RENE, SFR, PSA, RSPS, AHWD and Sidney Nicholas took a trade mission trip to Sierra Leone in March of this year. We scored big with the relationships that were established. Now, we scored even bigger. The trade mission from Nigeria to the State of Michigan was historic with the Global African Business Association, Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA), Abuja Chamber of Commerce and Industry and Duchess Naturals Limited working collectively to ensure that we develop an African supply chain between Michigan and Nigeria. We thank Victoria Akai, Amina Akai, Tinuke Temitope and Wale Latinwo for coming to the State of Michigan. GABA made sure they felt at home for 10 days. We strategized, learned from one another, discussed, brainstormed and executed our plan 100%. In fact, they were so empowered that they are retuning to Michigan soon. We await their return as we have unfinished business to conduct at another level with business, government and technology as well as access to capital for Duchess Naturals Limited. Together, we are escalating our efforts on our end to develop a robust and immediate economic system from the African-Caribbean Diaspora that is sustainable and profitable in the form of legacy building. Therefore, it's important that we support the following: (a) African companies from nations like Nigeria should have a heavy presence in Michigan. They should invest in local urban communities to develop a robust tax base. We can develop new entrepreneurs with Africa brands and services. At the same time, we can export African American businesses from Michigan into nations like Nigeria to develop a two way trade of investment. (b) These companies should be in the mobility, fintech, textiles, agro-products, etc., spaces. (c) African nations like Nigeria should be exporting goods and services from their home nations into the State of Michigan. Creating a foreign direct investment policy towards Michigan from Nigeria in the form of investment would connect the wealth long-term. Therefore, GABA will continue to support our partners from Nigeria with multiple trade missions to our state. In addition, we support a GABA-led trade mission to nations Nigeria, Sierra Leone, Zambia, Kenya, Mozambique, Ghana, Liberia Senegal, and even Côte d'Ivoire. Finally, through GABA, we want to let our partners know abroad that you have an address, a presence and partnership in Michigan. Are you ready for the next step?

The UK – Kenya’s long-standing relationship stems from our shared history, enduring friendship, and vital political, economic, commercial and cultural interests which are drivers of economic growth and prosperity. Both countries are committed to continue improving the business landscape which is critical to boosting investor confidence and unlocking investment opportunities.   The upcoming Public–Private Dialogue, organised by BCCK, will host a panel discussion focusing on UK-Kenya Trade and Investment which will be moderated by our Managing Partner Daniel Ngumy. He will be joined by a panel of industry experts consisting of TradeMark Africa (East Africa) Country Head, Ahmed Farah HSC, Kenya Investment Authority (KenInvest) Managing Director, June Chepkemei, Kenya Association of Manufacturers CEO, Anthony Mwangi, Tony Blair Institute Senior Advisor, Alban Odhiambo and Department for Business and Trade Deputy Country Director, Sammy Mulanga.   The panel will explore the opportunities in regional trade and corridors, the cost of doing business, perspectives from the Kenya Government, and opportunities for Kenya as a foreign direct investment destination.   For more details, including RSVP enquiries about this event, write to: events@bcckenya.org Sonal Tejpar (formerly Sejpal) Farida Abbas Graham Shaw MBE Dr. Bimal Kantaria, EBS, OGW Foreign, Commonwealth and Development Office Department for Business and Trade #UnlockingOpportunities #SpurringInvestment #PromotingTrade #BusinessIntegrity #InternationalTrade #UK #Kenya #Africa #OneALN

Why should British businesses bet big on Ghana? And how can they win in the promising West African market? Our Director, Femi Falodun has some thoughts in the article below!

NACCIMA-GABA Trade Mission to Michigan: Forging Stronger Economic Ties Between the Great Lakes Region and Africa September 24-27, 2024 In a landmark initiative, the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), in collaboration with the Global African Business Association (GABA), embarked on a Trade Mission to Michigan from September 24 to 27, 2024, coinciding with the 2024 UN General Assembly side events. This pivotal gathering aimed to enhance trade, investment, and market access opportunities between Nigeria and the Great Lakes region of the United States, marking a significant step forward in encouraging economic partnerships. Hosted by NACCIMA and GABA, the mission was instrumental in cultivating new alliances in sectors such as logistics, technology, and manufacturing, while also facilitating deeper political and economic ties between Michigan and Nigeria/Africa. Key objectives of the trade mission included exploring logistics solutions, integrating African products into Michigan's supply chain, and encouraging technology partnerships to stimulate investments on both sides. Engaging discussions took place with influential stakeholders like the MENA American Chamber of Commerce, including representatives from the Michigan Economic Development Council, the Mayor of Monroe, Mayor of Inkster, Wayne County, the Port of Monroe and Detroit, where we explored the establishment of an African Logistics hubl and potential collaborations in agro-processing of food and solid minerals. High-level political engagement was also a highlight, featuring discussions with Michigan State Senators Sarah Anthony and Erika Geiss, which led to plans for a joint resolution aimed at boosting trade between Michigan and Nigeria/Africa. The event also showcased technology demonstrations from Detroit-based companies, emphasizing future tech partnerships focused on smart city development in Nigeria. In a significant development, NACCIMA and GABA signed a Memorandum of Understanding (MoU) to formalize future collaborations, creating a framework to enhance economic ties between Africa and the U.S. Furthermore, plans for a Michigan-Nigeria marketplace are underway, set to launch later this year, to further bridge the gap between business communities across the two continents. In summary, this trade mission was a resounding success, laying the foundation for sustainable economic growth and mutual prosperity between Africa and the United States. Hon. Dele Kelvin Oye National President, NACCIMA #tradeandinvestment ##naccima #GABA #michigan #detroit #globalbusiness #GlobalPartnerships #chambersofcommerce #menaamericanchamberofcommerce #inkster #Monroe #Canada #landing #michiganeconomicdevelopmentcouncil #medc #portofmonroe #waynecounty #unga2024 #usa #drp #wto ##unctad #cipe #Zeenab #NonOilExport #FMITI #nepc #nipc #msmd #delealake #bat #tinubu #waleedun #Cardoso #nationalplanning #europeanunion #americanembassy #greatlakes

In this book, the SME sub-order remains the most important priority to tackle urgently. Millions of SMEs are disappearing every year, leaving the lion's share with global multinational corporations. This situation threatens the successful implementation of the African Continental Free Trade Area which is becoming the house of multinational corporations. How to build an SME order that will compete with multinational corporations in Africa in terms of trade? What should the priorities be at the moment? How to find SMEs and organize them in powerful voices and groups in Africa? Does the microstate of our SMEs directly benefit multinational corporations? Yes, it does. We need an SME Order led by independent states and controlled by SME organizations, not by a supranational organization like the African Union and its regional economic communities. This book provides a clear path to achieve that. Daniele Jean-Pierre Dr. Ariel King Ariel Pakes Jeanne Ndoningar Jean Fils-Aimé, Ph.D. Caitlin Nash Carin-Isabel Knoop OMAR DIOUM Amath Pathe SENE Ali OUATTARA Stanislas D. Assoukrou Francois DJETOUAN Dr. Toby Malichi, Hon.D.Bus. DHL, LHD, The Global Godfather Paul Koffi Koffi Arnaud DIBI Jean-Marc Koffi BROU KONE ZANA, MBA,PhD Mamadou G K KONE Konan Ernest DIBY Karim Mehanvais KONE, M. Sc., CFA, FRM Darryl E. Peek II Tim Gould Tim Butler Regina Herzlinger Rand Ghayad, Ph.D. Isaac Agya Koomson (KIA) Prof Alex O. Awiti Prof Daniel ONA ONDO Chantal Yelu Mulop Prof. Njuguna Ndung'u, CBS Mariame Krauer-Diaby, CFE® David Aaker Ngone Diop Prof Ngabitsinze Jean Chrysostome, PhD Ngomo Auguste

𝐆𝐇𝐀𝐍𝐀 - 𝐊𝐄𝐍𝐘𝐀 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐅𝐎𝐑𝐔𝐌 Kenya and Ghana share a rich history of trade, investment, and economic cooperation, standing as beacons of commerce on the African continent. Together, our two nations wield substantial influence in leveraging their respective comparative advantages to drive intra-African trade and bolster economic growth across the continent.

A few weeks ago, I had the honor of leading a delegation, together with the Honorable Member representing Badagry at the Federal House of Representatives, Hon Sesi Oluwaseun Whingan to meet with the Honorable Minister for Tourism. As we discussed the future of our community, I couldn’t help but reflect on how far we’ve come. When I returned to six years ago to work and settle, many thought it was a crazy idea. Badagry was seen as a forgotten town burdened by bad roads, lack of infrastructure, and underdevelopment. Despite the odds, I took up a job at the Badagry Chamber of Commerce, driven by the belief that change was possible. Today, by the grace of God, I can confidently say that over the past five years, I’ve had the privilege of contributing to nearly every major milestone in Badagry’s transformation. From trade facilitation to policy advocacy, and from economic inclusion to infrastructure development, we have worked relentlessly to reposition Badagry as a key player on the Lagos-Abidjan Corridor one of Africa’s busiest trade routes. Badagry holds immense significance in Nigeria’s history, from its role in the transatlantic slave trade to its strategic location on this vital trade route. I see it as a place brimming with potential, a place where others might see limitations but where I see endless possibilities. Like the legend of El Dorado, the mythical land of gold, I believe that Badagry can be transformed into its own El Dorado. With vision, persistence, and collective effort, we are turning what was once a "desert" into a land of promise and opportunity. As the Director of Government Affairs at the Badagry Chamber of Commerce, I’m grateful to have played a role in advocating for this transformation. While there’s still much work to be done, our advocacy is already bearing fruit. We have engaged with governments at all levels, and step by step, we are seeing results. I am filled with optimism for the future, knowing that Badagry’s best days are still ahead.

Remode Visits Lagos Chamber of Commerce and Industry (LCCI) As we aim to deepen our business relationships in the country, Remode Co-Founder and CEO, Pierre Jallow, and Remode Nigeria Country Director, Bolaji Akerele, made a visit to LCCI; meeting with the President, Mr. Gabriel Idahosa. The LCCI is the leading voice of the organized private sector in Nigeria, and it represents the interest of its members through advisory and consultation with the government on policies and measures affecting the business community and economy. The chamber utilizes its platform to highlight pivotal aspects for propelling the Nigerian economy forward. During the meeting, the economic outlook for the 2nd quarter was discussed, which indicates an upward trend as a result of the monetary policy changes implemented, and controls placed on forex transactions by the CBN, which has strengthened the Naira and will be favorable to foreign investors. The president also stated that members of the chamber contribute 60% of the country's GDP, owing to the claim that the LCCI is the largest and most vibrant chamber of commerce in West Africa. At Remode, sustainable market growth lies at the core of our vision. This shared commitment motivates us to align our vision with organizations spearheading positive change, amplifying decisions that foster sustainable wealth creation on a national scale. Our short time in Nigeria so far has highlighted the potential for progress within her dynamic landscape, supported by the receptive and hardworking spirit of Nigerians. For us, driving business growth isn't just a goal, we're also dedicated to forging partnerships with both local and global entities to spark tangible progress within Nigeria. Moreover, we're initiating conversations with stakeholders in the Nigerian financial sector, ready to further enhance the economic landscape and push us toward a brighter reality. #Nigeria #Investments #Sustainability #EconomicGrowth #LCCI #Remode

A high-level delegation from West Africa, led by Mrs. Tokunbo Chiedu, CEO of Compass Global, and Mrs. Toki Mabogunje, Vice Chair of the ICC World Chambers Federation, visited the Kenya National Chamber of Commerce and Industry (KNCCI) today to explore opportunities for increased trade and investment between West and East Africa. As Mrs. Chiedu stated, "This initiative aligns with the goals of the African Continental Free Trade Area (AfCFTA) Secretariat and has the potential to transform regional economies." KNCCI CEO Ahmed Farah HSC extended a warm welcome to the delegation, highlighting the Chamber's commitment to supporting and nurturing women entrepreneurs in Kenya through targeted interventions and the provision of essential tools and resources. He emphasized the significant impact of women entrepreneurs on their communities and welcomed the partnership and collaboration to enhance intra-African trade. The delegation is currently on a two-country tour of Kenya and Tanzania, aiming to establish strong business connections between West and East Africa. By leveraging regional value chains and enhancing intra-African trade, this initiative, driven by the private sector, aligns perfectly with the opportunities presented by the AfCFTA. It seeks to foster intra-African trade and investment while capitalizing on regional prospects to enhance production, networking, and vital connections for regional integration. This collaboration between West and East African business leaders represents a significant step forward in realizing the full potential of the AfCFTA and fostering economic growth across the continent. Delegation Members: Comfort Adjahoe-Jennings, President, Africa Women Entrepreneurship Programme (AWEP) West Africa,Alexander Prempeh, President, Organization of Women in Trade (OWIT) Ghana and Members of the two associations.

Exciting developments unfolded on July 16, 2024, as Nigeria achieved a pivotal milestone with the launch of its inaugural shipment under the AfCFTA's Guided Trade Initiative (GTI). This initiative is poised to significantly enhance intra-African trade and foster economic growth across the continent, marking a significant step towards a unified African market. The AfCFTA, signed by 44 African Union member states in Kigali in 2018 and ratified by 46 countries as of January 2024, aims to create a unified market for goods, services, and investment, benefiting 1.3 billion people with a combined GDP of US$3.4 trillion. For Nigeria, participation promises expanded market access, enhanced competitiveness for local businesses, and the potential to alleviate poverty through increased trade opportunities. However, challenges such as establishing effective Rules of Origin (ROO) and addressing foreign competition need addressing to fully maximize AfCFTA's benefits. Explore more about Nigeria's role in AfCFTA and its impact on regional economic dynamics at www.harboursim.com. #nigeria #economicgrowth #tradeinitiative #regionalintegration #harboursimlp #afcfta #intrafricantrade #economicintegration #tradeinitiative #nigeriatrade #regionaleconomy #globaltrade #economicgrowth #africadevelopment #businessopportunities https://lnkd.in/gvu8Xavn