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About WAIBL
What is WAIBL? One of The Corporate
Council on Africa's most successful programs is the West
Africa International Business Linkage Program (WAIBL). WAIBL,
a USAID funded program, focuses on increasing commercial
partnerships between businesses in the US and West Africa.
These relationships can take many forms including
export/import agreements, joint ventures, and equity
partnerships. WAIBL focuses primarily on the ECOWAS region.
WAIBL Results:
To date, WAIBL has
assisted in facilitating transactions (import/export or joint
venture partnerships) totaling more than $US 75 million
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The U.S.
Export-Import Bank has approved 36 WAIBL transactions in
Ghana, Mali, The Gambia and Senegal valued at more than
US$36 million. 70 transactions secured competive financing
without a loan guarantee.
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American
companies have signed memorandums of understanding with
West African governments and private companies in the
housing and telecommunications sectors.
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Using the WAIBL
program, Ghana, Mali, Nigeria, and Senegal have attracted
American partners and investment for the textile, IT, and
transportation sectors.
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More than 1200
companies have participated in the WAIBL business forums.
How can WAIBL assist your company:
For American companies:
- Identify trade and investment opportunities in West
Africa.
- Assist in the identification of financing, including
private and US government programs.
- Screen qualified African companies for business
partnerships based on your criteria.
- Steer US companies to key West African government
contacts and programs, and other sources of information for
doing business in West Africa.
For African companies:
- Identify US partners, suppliers of equipment,
technology, or services for West African businesses as
well as buyers of West African goods benefiting from AGOA,
the African Growth Opportunity Act.
- Assist in the identification of financing, including
private and US government programs.
- Screen qualified American companies for business
partnerships based on your criteria.
- Direct African companies to key US government and
private sector contacts, and other sources of information
for doing business with the United States.
U.S.-Africa Business Forums:
A key component of the WAIBL program is a series of business
forums, primarily sector-specific, held in the U.S. and West
Africa to bring together West African and American business
representatives to identify and initiate commercial
partnerships. Recent WAIBL forums have focused on the
agriculture, infrastructure, and shea butter industries.
Currently, WAIBL is planning for its IT/Telecom conference
series scheduled for early 2004.
Go to the WAIBL Website Enter
WAIBL Trade Lead Database System
Information: Sasha Resnick, WAIBL Program Manager (sresnick@africacncl.org).
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WAIBL Brochure
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