USTDA Partners with Ghana and Nigeria on Financial Sector Cybersecurity

Arlington, VA – This week, the U.S. Trade and Development Agency (USTDA) will support cybersecurity in Ghana and Nigeria’s financial sectors by bringing a delegation to the United States to learn about innovative U.S. technologies, financing mechanisms, and best practices to combat cybercrime in the banking sector.

During a visit to Washington, DC, New York City and the San Francisco Bay Area, the delegation of 13 government and financial sector representatives will engage with U.S. companies highlighting their cybersecurity solutions. They will also participate in a public-private roundtable on cybersecurity best practices.

USTDA will also host a public business briefing in Washington, DC, on February 7 and a networking lunch in San Francisco on February 13, allowing U.S. companies to hear firsthand from the delegation about upcoming business opportunities and to meet one-on-one with delegates to present their cybersecurity services and solutions. For more information to meet the delegation and attend these events, please visit https://www.ustda.gov/events/.

As a leading developer and deployer of cybersecurity and data protection solutions, the U.S. private sector is well-positioned to become an essential partner in fortifying network infrastructure in emerging economies’ financial sectors. U.S. firms are at the forefront of network monitoring, data analytics, vulnerability detection, artificial intelligence, and blockchain applications. Across Africa, the banking sector has been heavily targeted by cybercrime, with losses of $248 million to malicious cyber activity in 2021.

The reverse trade mission is being held as part of the Administration’s Digital Transformation with Africa Initiative to expand digital access on the continent. It also supports USTDA’s Access Africa initiative, to advance quality digital infrastructure across Africa, and the Partnership for Global Infrastructure and Investment.

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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority infrastructure projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.

MEDIA INQUIRIES: Paul Marin | (703) 875-4357