The Gambia to showcase products at Global Economic Conference
The upcoming Global Youth Economic Opportunities Conference will be the platform for The Gambia to showcase 300 finished products, predominantlyagricultural products.
The Conference will be held in September this year, in Washington DC and 11 members of the Green African-American AGOA (African Growth and Opportunity Act), who are also young business experts from The Gambia will attend. This was disclosed by Professor Darryl R.O. Prevost, president of the African-America Diaspora Alumni Club in the United States to the Daily Observer.
Professor Prevost, who is also an executive director of CADIA Institutes and Academies, is currently in The Gambia to promote the AGAO through the Green African-American AGOA that is pioneered to support investment in Africa. The AGOA is a U.S. commerce department that encourages trade and investment in Africa and ensures adherence of the fair trade law agreement by managing the global trade.
Prevost pointed out that The Gambia has the capabilities to trade widelyin the international markets, and said he was impressed withthe products he has seen. “By advancing a more robust trade relationship between the American processors and manufacturers of products from Africa, our hope is to drive the cost down on the American consumer side while increasing volume on the supply side,” he said.
Prevost reiterated the AGOA’s commitment to youths and women and he said the AGOA would partner with the University of The Gambia (UTG) toprovide training on food science. This he said was one of the main areas of AGOA’s mission in Africa.
The Green African Tour will further enable the establishment of direct purchasing and technical agreements and sustenance between African markets and North American investors, retailers and processors by encouraging the trade and the infrastructure of African markets.
The potential of The Gambia to alleviate poverty lies with its young and dynamic tourism industry, Prevost said. He pointed out that the country’s tourism, due to the attractive riverbanks and ocean sites could improve the country’s economy.
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