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WASHINGTON, D.C. --- The Export-Import Bank of the United States (Ex-Im Bank) remains open to help finance U.S. exports to Nigeria, contrary to published reports in Africa. (In the recently released country limitation schedule effective February 26, 2009, Nigeria’s private and public sectors were qualified to receive all levels of support). "Ex-Im Bank remains positive about financing U.S. exports to Nigerian buyers," said J. Joseph Grandmaison, the member of the Bank's board of directors who focuses on promoting financing of U.S. exports to sub-Saharan Africa. "In fact, at this moment, we have a number of pending transactions in Nigeria and are looking forward to doing even more business there." In Fiscal Year 2008 Ex-Im Bank authorized approximately $197 million of loan guarantees and export credit insurance for export sales to Nigeria, with exposure in Nigeria totaling about $327 million. In June, 2008, Ex-Im Bank more than doubled the size of its Nigerian Ba...

Nigeria and Ethiopia topped a new index of African potential investor destinations on Wednesday, with the survey organisers saying the continent offers good potential growth even against the global economic crisis. The world‘s poorest continent had seen an investment boom in recent years, but flows into the region are seen drying up as the global financial crisis and falling commodity prices take the shine off what were seen as promising frontier markets. Business consultancy, African Rainbow‘s Star of Africa index ranks 53 African countries in terms of their investment potential in various fields, with its creators arguing that potential growth in energy, water and communications consumption could amply reward investors taking the risk, Reuters reported on Wednesday. ”It is for investors to make sure they don‘t miss a trick by overlooking a country they would otherwise have missed,” Chief Executive of African, Rainbow, Katharine Pulvermacher, said. ”Africa is going to overtake the Mid...

FEBRUARY Name: Specialized Education Fair (SEF) Date: 16th – 22nd February 2009 Venue: Lagos International Trade Fair Complex Organizer: Aulic Nigeria Limited Nature: Specialized Name: Office Exhibition (OE) Date: 16th – 20th February 2009 Venue: Lagos International Trade Fair Complex Organizer: Aulic Nigeria Limited Nature: Specialised Name: International Job Fair (IJF) Date: 16th - 20th February 2009 Venue: Lagos International Trade Fair Complex Organizer: Aulic Nigeria Limited Nature: Specialized Name: Spirituality Expo (SE) Date: 16th - 20th February 2009 Venue: Lagos International Trade Fair Complex Organizer: Aulic Nigeria Limited Nature: Specialized Name: Delta Domestic Trade Fair Date: 19th February-2nd March 2009 Venue: Permanent Trade Fair Complex, Warri Organiser: Delta State Chambers of Commerce and Industry Nature: General MARCH Name: 30th Kaduna International Trade Fair Date: 6th-15th march, 2009. Venue: Kaduna International Trade & Investment Centre, Kaduna Organiser...