Panel addresses Africa’s huge infrastructure deficit and the imperative for effective financing solutions
(Parsippany, New Jersey) – 20 October 2016 – Paul Sullivan, Vice President of International Business Development at Acrow Bridge, a leading international bridge engineering and supply company, was a featured panelist and roundtable discussion participant at the 15th annual AGOA Forum, held September 22-26, 2016 in Washington, DC.
Since 2000, the African Growth and Opportunity Act (AGOA) has been the cornerstone of U.S. economic policy in Africa. The annual AGOA Forum serves as the premier event that brings together African Trade Ministers with U.S. counterparts as well as business representatives, civil society leaders and entrepreneurs to discuss how they can work together to enhance the trade and investment relationship. The Forum featured roundtables and workshops to discuss policies that address challenges to AGOA utilization as well as possible new policies for building a strong U.S.- sub-Saharan African trade and investment relationship beyond AGOA.
At an invitation-only VIP networking lunch, Sullivan was featured along with Leocadia Zak, Director, U.S. Trade and Development Agency, and Dana Hyde, CEO, Millennium Challenge Corporation. The panelists addressed Africa’s huge infrastructure deficit and the imperative for effective financing solutions in order to help accelerate Africa’s industrialization efforts, expedite the transportation of goods, facilitate the movement of services and people, reduce trade costs, and better integrate markets. Co-Chairs were Fred P. Hochberg, Chairman, U.S. EXIM Bank, and H.E. Luc Magloire Mbarga Atangana, Minister of Trade, Cameroon.
Later, Sullivan participated in a high-level roundtable discussion on the topic Beyond AGOA: Deepening the U.S-Africa Trade and Investment Relationship. Led by US Trade Representative Michael Froman, the discussion explored possible policy pathways to deepen U.S.-African trade and investment relationships.
“Infrastructure investment is a critical element in the economic development of sub-Saharan Africa,” said Sullivan, who is a frequent speaker at international development conferences.
“It was a distinct privilege to have been part of this major event that convened African and American leaders in business, government and finance to discuss project financing solutions.”
About Acrow Bridge
Acrow Bridge has been serving the transportation and construction industries for more than 60 years with a full line of modular steel bridging solutions for vehicle, rail, vessel, military and pedestrian use. Acrow’s extensive international presence includes its leadership in the development and implementation of bridge infrastructure projects in over 80 countries, covering Africa, Asia, the Americas, Europe and the Middle East. For more information, please visit www.acrow.com.
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