Canary CEO Dan Eberhart is optimistic following a successful trade mission to Africa
(Denver, CO) – Canary CEO, Dan Eberhart, has returned from his trip to Africa as part of U.S. Secretary of Commerce Penny Pritzker’s trade mission to Ghana and Nigeria. Starting on May 20th, Eberhart joined Secretary Pritzker and 19 additional delegates from U.S. businesses in a series of panel discussions and meetings focused on Africa’s energy sector. His wife, Farah Eberhart, joined him on the trip.
The trade mission to Ghana and Nigeria was part of the Administration’s Strategy Toward Sub-Saharan Africa. This strategy has a goal of deepening trade and investment relationships between African countries and the United States. According to Secretary Pritzker, furthering relationships between U.S. businesses and African nations is mutually beneficial: Ensuring that American firms are primed to do business in Africa will not only help the African people realize greater economic success, but will also fuel growth and job creation in the United States, said the Secretary in a recent statement.
“Like Secretary Pritzker, I am optimistic about cooperation between the U.S. and African nations: Two out of three sub-Saharan Africans is without electricity, so providing long-term energy security is a huge undertaking,” said Dan Eberhart, Canary Chief Executive Officer. “In order to for the Power Africa initiative to be successful, African governments and U.S. companies need to work hand-in-hand on things like energy technology and policy.”
It hasn’t been difficult to convince U.S. businesses to get involved in Africa, which offers seven of the 10-fastest growing economies in the world.
“On this trade mission, I had the opportunity to meet with Babatunde Fashola, Governor of Lagos State in Nigeria and the former head of National Oil in Kenya, Mwendia Nyaga,” said Eberhart. “We all agreed that early investment is critical for growth, and the energy sector in Africa is prepared to do immediate business with U.S. companies. Canary is excited to be part of the solution.”
In addition to panel discussions and business meetings, the trade mission yielded at least two very important agreements between U.S. companies and African nations: the Electricity Company of Ghana selected Charlotte-based renewable energy company SEWW to lead a $25 million/year upgrade and expansion project to improve the distribution of electricity in Ghana.California’s Environmental Chemical Corporation was chosen to finance, design, and construct a state-of-the-art cancer institute in Ibadan, Nigeria.
About Canary, LLC
Canary is the nation’s largest independent wellhead service company and one of the largest privately-owned oilfield service companies in North America. Canary operates in every major American play, including North Dakota, Ohio and Texas. For more information, visit www.canaryusa.com
