banner-img

Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
Focus on export promotion organizations in West Africa
498 views
0 comm

Focus on export promotion organizations in West Africa

In order to take advantage of the under-exploited export potential, several organizations have sprung up in West African countries. Their goal is to make the most out of the exportable offer while meeting the needs and standards of the international market. In this article, we will focus on the export promotion organizations in Côte d'Ivoire, Nigeria, and Senegal, which are the three economic leaders of the subregion.

In Côte d'Ivoire, the government quickly realized the importance of promoting exports. The Export Promotion Agency (APEX-CI) was thus created in 1996 in partnership with the World Bank to be the key tool for export promotion. As such, APEX-CI took charge of promoting the label “made inCôte d'Ivoire” abroad. In 2014, in order to support APEX-CI’s mission and enable the implementation of Côte d'Ivoire's National Export Strategy, which was developed in partnership with the International Trade Center (ITC), the government created the National Export Council (CTE). But this duality is a double-edged sword. Indeed, these two organizations sometimes tread on each other’s toes because their respective fields of action are not clearly delimited. A project to create a single structure responsible for promoting exports named “Côte d'Ivoire Export” has therefore been in the works since 2016.

EXIMA

On the other hand, in Senegal, export promotion is more centralized. The Senegalese Export Promotion Agency (ASEPEX) is the main body responsible for this mission. ASEPEX's overall mission is to promote the continuous and sustainable development of Senegalese exports. The expected results of its activities and services are, among others, the creation of a diversified, competitive, and attractive exportable offer for the target export markets, improvement of foreign trade statistics and the export environment, and increased integration of Senegal into the regional and international economy.

In Nigeria, the economic giant of West Africa, the main body is the Nigerian Export Promotion Council (NEPC). NEPC is the Federal Government of the country’s apex institution and is responsible for the development, diversification, and promotion of exports. Over the years, it has worked to achieve its mandate by coordinating promotion activities and export development in Nigeria while taking the lead in various national export programs and interacting with international trade agencies on capacity building and cooperation.

Learn More with EXIMA

EXIMA’s ultimate goal is to provide our users with all the knowledge we have on international trade. For more trading information, make sure to check out our other articles here!

You May Also Like

Mar 04
2020
How do regional trading blocs enhance or inhibit multilateral free trade

The main international trade challenge start with providing populations affordable products, all while controlling inflation...

Staff
Comments (0)
Dec 21
2022
Tracing Products to Their Origin

Discover the story behind your favorite products! Trace the origin of your favorite items and learn about the people, places,...

Staff
Comments (0)
This website uses cookies. By using this website, you consent to our use of these cookies