Arkansas Building Business Partnerships with Nigeria

Arkansas Building Business Partnerships with Nigeria

The World Trade Center Arkansas has executed a series of memorandums of understanding with the Nigerian-American Chamber of Commerce to support Arkansas companies in building strategic partnerships with Nigerian companies. 

The WTC said the agreements will enable business leaders, investors, educators and agricultural producers to explore business opportunities and stream processes for increasing business potential between Arkansas and Nigeria. 

The signing took place on Oct. 6 in Dallas.

According to Denise Thomas, the director of Africa Trade Public Relations and Marketing for World Trade Center Arkansas, the partnerships will stem mainly from the farming and agriculture sectors. She said that Nigerians need assistance expanding their poultry industry.

"There are about 170 million people in Nigeria alone and what they’re looking at doing is getting mechanized farming for any of their row crops," Thomas said. "They're (also) looking at getting assistance in yield for poultry production."

The World Trade Center Arkansas said it is beginning negotiations with Nigeria to formalize a trade mission to Arkansas to further the process of building long term strategic partnerships. 

The World Trade Center Arkansas is a non-governmental organization that helps the Arkansas business community compete more effectively in a global market.