
African Business Owners’ Forum, Inc. (ABOFI-USA) is a group
of distinguished African business owners that are committed to
advancing and protecting the interests of African owned
businesses at all levels of opportunities in the continental
USA.
African owned businesses contribute immensely to the United
States economy. In spite of this fact they are grossly by passed
for Government contracting and small business financing
opportunities. This practice occurs at the County, State and
Federal levels. Access to capital for business development and
growth are very rare to come by. Banking industry put up
rigorous eligibility requirements for small business loan
qualification thereby, making it almost impossible to get needed
financing despite the best effort and honest business plan.
These factors over the years have become major impediment to the
growth of African owned businesses in United States, resulting
in incessant, and unavoidable failures.
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