TRALAC - Trade Law Centre

Liberia: Twelve companies selected to present at AGOA Expo and trade fair in US

Thursday, 30 August 2018 Published: | Zeze Ballah

Source: The Bush Chicken

Twelve Liberian companies have received sponsorship to travel to the African Growth and Opportunity Act Expo and Trade Fair in New York.

The companies received pledges of US$2,500 each during a Made in Liberia contest held on Monday, August 27 where entrepreneurs had to pitch their products. The fair is scheduled to take place September 25-30.

The Made in Liberia Pitching Contest organized by the Liberia Chamber of Commerce and the Ezzat N. Eid Foundation as a fundraising event aiming to help Liberian entrepreneurs who were producing locally made products.

It brought together dozens of Liberian and foreign business executives. A total of 23 companies participated in the event where they were allotted three minutes each to pitch their products.

The 12 companies selected to travel to the AGOA trade fair included J-Palm, Patom Enterprise, Fabrar Liberia Incorporated, Zoequoi, John St. Paul River, and Bravo Sister Enterprise. Others are Tesap, Liberia Business Incubator, Naz Naturals, Res Organics, and Solie Enterprise.

Wendell Addy, the president of the Liberia Chamber of Commerce, whose membership comprises of top companies and business associations, said the business community came to the event to showcase their support for Liberian-made products.

“We believe that this is a unique initiative – that all Liberians, the government, its international partners, and other stakeholders [should] embrace our economy,” he said.

Wendell Addy, president of the Liberia Chamber of Commerce. Photo: Zeze Ballah

For his part, Ezzat N. Eid said his foundation recently partnered with the Chamber of Commerce to organize the pitching contest between established entrepreneurs.

“This program could be a life-changing event for the entrepreneurs, who have taken raw materials in Liberia and transformed them into finished products to be showcased to the largest economy, the United States,” he added.

Ezzat N. Eid, president of the Ezzat N. Eid Foundation. Photo: Zeze Ballah

Jeanine M. Cooper, who founded Liberia’s largest local commercial rice producer, Fabrar Liberia, was one of those whose companies were selected to attend the trade fair.

She described the event as necessary because while Liberian entrepreneurs were now starting to produce items with export value, the country “is hardly exporting anything.”

One of the reasons for this, Cooper noted, is the lack of an export council in Liberia, which would be focused on promoting the country’s exports.

Jeanine M. Cooper, founder of Fabrar Liberia. Photo: Zeze Ballah

“Liberians needs to get back into their habit of producing locally made products, which was lost as a result of the decade-long civil crisis,” Cooper added. “Liberians need to get back to their export footing.”

Musa G. Brown, head of the Liberia Business Incubator, had also secured sponsorship to travel to the U.S. He said he would not actually showcase his own products, but those being produced by others to demonstrate what the country can produce.

Related News

Liberia-made products pitching contest to be held in Monrovia

Liberia-made products pitching contest to be held in Monrovia

The Liberia Chamber of Commerce and the Ezzat N. Eid Foundation have organized a contest to attract products made in Liberia. On Monday, August 27 entrepreneurs will be invited to pitch their products at a pitching contest and fundraising event in Monrovia. Friday, August 24 is the deadline for entrepreneurs to apply to get their local products selected. Winning...

22 August, 2018
Made-in-Liberia products to feature at local AGOA expo & trade fair

Made-in-Liberia products to feature at local AGOA expo & trade fair

The Liberia Chamber of Commerce (LCC) is urgently inviting all exporters and potential exporters of products made in Liberia to a “Pitch Your Product” meeting on today, Friday, August 17th at 3pm at the Liberia Chamber of Commerce. LCC will join the rest of the world in the upcoming African Growth & Opportunity Act or (AGOA) Expo & Trade...

17 August, 2018
Liberia: AGOA to help local entrepreneurs enter US market

Liberia: AGOA to help local entrepreneurs enter US market

A one-day informational session on the African Growth and Opportunity Act (AGOA), which aimed to help local entrepreneurs enter the United States market with value-added products, has ended in Monrovia. The forum, which brought together over 50 entrepreneurs in agriculture and business, was organized by the Liberia Chamber of Commerce (LCC) and Building Markets in...

27 January, 2017
Liberians position themselves to join the global fashion system

Liberians position themselves to join the global fashion system

With the accession of the Republic of Liberia’s membership to the World Trade Organization there has been considerable dialogue amongst Liberian nationals in the United States about the economic future of their West African nation. This past July, during the Liberian Independence Day celebrations in Washington, DC the Liberian Ambassador to the United States reminded his...

27 October, 2016
Liberia: Cabinet endorses Liberia-US trade and investment forum

Liberia: Cabinet endorses Liberia-US trade and investment forum

The Cabinet has unanimously endorsed the Liberia - US Trade and Investment Forum aimed at enhancing Liberia’s position in the global economy.  According to an Executive Mansion release, on Wednesday, September 9, 2015, the Cabinet gave its approval to a Liberia-driven Investment Trade Forum scheduled for September 16, 2015 in the United States of America. The Forum...

10 September, 2015