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    MarketForces Africa » MarketForces News » U.S. African Development Foundation Reiterates Commitment to Nigeria’s Economic Growth

    U.S. African Development Foundation Reiterates Commitment to Nigeria’s Economic Growth

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 28, 2024 News No Comments2 Mins Read
    U.S. African Development Foundation Reiterates Commitment to Nigeria’s Economic Growth
    Travis Adkins
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    U.S. African Development Foundation Reiterates Commitment to Nigeria’s Economic Growth

    The U.S. African Development Foundation (USADF) has reiterated its commitment to supporting African-led solutions needed to create pathways for prosperity across Nigeria and the continent.

    Travis Adkins, President and Chief Executive Officer (CEO), USADF, made the reaffirmation during his visit to Nigeria from August 18 to August 21 to expand partnerships.

    This is contained in a statement made available on Wednesday by the U.S. Mission’s Press Office in Lagos.

    Adkins noted that since 2001, the USADF had committed over $44 million in grants and supported over 480 projects across Nigeria.

     According to him, Nigeria is USADF’s largest country programme.

    “Our broad-based partnerships and investments in Nigeria reflect our dedication to fostering innovation and entrepreneurship.

    ”It also reflects our dedication to supporting local businesses and agricultural enterprises, and providing sustainable energy solutions to underserved communities across the continent,” he said.

    It was noted in the statement that during Adkins’ visit to Reeddi Technologies Limited, he announced a new grant to further support the climate-tech company’s innovative work.

    This funding will enhance the design, local assembly, and distribution of Reeddi’s energy solutions, benefiting small and medium-sized businesses and households in off-grid communities across Nigeria.

    The mission said Adkins also participated in a grant award ceremony at Field of Skills and Dreams VTE Academy, a leading vocational and entrepreneurship training institute.

    It said that the Field of Skills and Dreams VTE Academy was founded by U.S. government exchange alumna, Omowale Ogunrinde.

    “Through this grant award, Field of Skills and Dreams VTE Academy will offer a 12-week training programme for 400 youths aged 18 years to 35 years old in the hospitality and fashion sectors,” the mission noted.

    Adkins also met with Akinyemi Ajigbotafe, Lagos State Commissioner for Wealth Creation and Employment, and attended the launch of the USADF and National Basketball Players Association-supported “What If Youth and Women Empowerment Initiative” basketball camp, led by Nigerian NBA player, Precious Achiuwa. #U.S. African Development Foundation Reiterates Commitment to Nigeria’s Economic Growth

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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