Organizers of the 36th Annual ODUNDE Celebration to host Liberian Business Roundtable Event; Invited Guests to Include Honorable Amin Modad, Assistant to the Minister of Commerce of Liberia; Honorable Matilda Parker, National Port of Liberia; and Honorable Mary T. Broh, Mayor of Monrovia. V.I.P African Diplomatic and Ambassador Reception to Immediately Follow

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A Panel of Liberian and Angolan Ambassadors, As Well As Representatives from the U.S. Business Administration, U.S. Export-Import Bank, U.S. Overseas Private Investment Corporation and U.S. Trade and Development Administration, Will Convene to Discuss International Business and Economic Enterprising in African Markets.

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Organizers of the ODUNDE Festival, a four-day-long cultural event, whose programs reach audiences of more than 500,000 persons, today announced that it will host a Liberian Business Roundtable discussion and Ambassadors reception, with invited speakers Honorable Amin Modad, Assistant to the Minister of Commerce of Liberia; Honorable Matilda Parker, National Port of Liberia; Honorable Mary T. Broh, Mayor of Monrovia, on June 10, 2011. The discussion will aim to educate U.S. businesses and small-to-mid-sized enterprises on the economic and business opportunities that exist in the African marketplace.

After the roundtable event, there will be a V.I.P African Diplomatic and Ambassador reception, from 6:00pm until 8:00pm, at the Lincoln University Center City Building on 3020 Market St, 4th Floor, during which, representatives from Liberia and Angola will be present.

A panel of experts from the U.S. Business Administration, U.S. Export-Import Bank, U.S. Overseas Private Investment Corporation and U.S. Trade and Development Administration will provide information on project financing options available to area businesses.

Philadelphia claims more than 40,000 African immigrants, with more than 53 percent of those persons being of West African descent, specifically of Liberia, Nigeria and Ghana. According to the FAO Corporate Repository, Liberia, an agriculture-driven economy, whose main exports are rubber, timber, iron, diamonds, cocoa and coffee, is the leading producer and exporter of rubber on the African continent.

ODUNDE, Inc. is an educational and cultural organization that sponsors year-round programs featuring the African Diaspora, as well as the annual ODUNDE Festival, which was initiated in 1975 by Lois Fernandez and Ruth Arthur, and has gained a national reputation as one of Philadelphia’s brightest cultural jewels.

Sponsors of this year’s activities include, Greater Philadelphia Tourism Marketing Corporation, Greater Philadelphia Traditions Fund, Keystone Mercy Health Plan, Pennsylvania Lottery, Philadelphia Convention and Visitor’s Bureau, Universal Companies, University of Pennsylvania Medicine and Wells Fargo.

WHO:        

  •     Hon. Amin Modad, Assistant to the Minister of Commerce of Liberia
  •     Hon. Matilda Parker, National Port of Liberia
  •     Hon. Mary T. Broah, Mayor of Monrovia, Liberia
  •     Oshunbumi Fernandez, president and CEO, ODUNDE Inc.
  •     Stanley L. Straughter, chairman, Mayor’s Commission on African and Caribbean Immigrant Affairs, and board member of ODUNDE

WHEN:     Friday, June 10, 2011
    Liberian Business Roundtable - 10:30am-4:00pm
    African Diplomatic and Ambassadors Reception – 6:00pm-8:00pm

WHERE:     Liberian Business Roundtable
                University of Pennsylvania
    Iron Gate Theater
    3700 Chestnut Street
                Philadelphia, Pa

    African Diplomatic and Ambassadors Reception
    Lincoln University Center City
    Building 3020 Market Street, 4th Floor
    Philadelphia, Pa

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Oshunbumi Fernandez
ODUNDE
267-808-8510
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Dominique Landry
Millennium 3 Management
215-922-7184
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