Nigeria : Buhari in South Africa to seek $40bn investments
on 2021/11/15 12:23:51
Nigeria

Click to see original Image in a new window
The event is expected to generate market information needed to connect buyers and sellers throughout the continent.



President Muhammadu Buhari on Saturday arrived Durban, South Africa, from Paris as part of his ongoing socio-economic diplomatic missions aimed at enhancing security and economic transformation of the country.

The News Agency of Nigeria (NAN) reports that the Nigerian leader is in Durban at the special invitation of President Cyril Ramaphosa of South Africa, to attend the inauguration of the second Intra-African Trade Fair (IATF) 2021 on Monday.

The theme of the Fair, ”Building Bridges for a Successful AfCFTA”, aims at boosting trade and investments across the African continent, Mr Femi Adesina, the presidential spokesman, said in a statement in Abuja.

Adesina stressed that the event would also seek to create the enabling environment for businesses to thrive across the continent.
The event is expected to generate market information needed to connect buyers and sellers throughout the continent.

”Global businesses, including non-African international brands, are expected to key into opportunities generated by the fair, thereby attracting to continental trade investment deals worth $40 billion dollars,” the president’s media aide said.

The president was earlier in Paris on Nov. 9 on an official visit as guest of President Emmanuel Macron at Palais de l’Élysée.

He also attended the three-day Paris Peace Forum (PPF) from Nov. 11 to 13.

Buhari and his French counterpart, Emmanuel Macron, met and discussed issues of mutual interest for both countries.
The discussions focused particularly on strengthening economic ties, improving partnership on security, and working jointly on education, health and halting the threats of COVID-19 to the global economy.

While in Paris, the president also attended the Nigeria International Partnership Forum (NIPF), which brought together the Nigerian and French governments as well as their private sectors in wide-ranging discussions.

On Nov. 10, Buhari attended a working lunch at Palais Elysee in Paris where he appreciated efforts of President Macron in expanding opportunities for business between Nigerians and French citizens, while committing to partnership to degrade international criminal networks.

The president also in Paris, met with the President of Islamic Development Bank (IDB), Dr Mohammed Al-Jasser, and the Minister of State Foreign Affairs of United Arab Emirate, Sheikh Shakboot Alnahyan.

Buhari, who also attended the 75th anniversary of the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in Paris, France, on Friday, saying Nigeria remains proud of its close association with the organisation since its establishment, 75 years ago.
According to the Nigerian leader, the world has an opportunity to count gains of the UNESCO in the last 75 years, while exploring the historic moment for building solidarity and enthroning peace.

Vice-President Yemi Osinbajo had earlier on Nov. 8 presided over a high-level meeting on Nutrition attended by United Nations Deputy Secretary-General, Mrs Amina Mohammed, State Governors, and representatives of development partners, including UNICEF.

Others at the meeting included the Bill and Melinda Gates Foundation, the Aliko Dangote Foundation, and convener of the UN Food System Dialogue, Mrs Olusola Idowu, who is also the Permanent Secretary, Budget and National Planning Ministry.

Osinbajo also represented president Buhari at the ECOWAS Extraordinary Summit of the Authority of Heads of State and Government held in Accra, Ghana, during the week.

The meeting review the political situations in Guinea and Mali, and decided to maintain the sanctions imposed on Guinea and imposed similar ones against the Mali Transitional Government.
In the week under review, Buhari also congratulated Prof. Charles Soludo, the candidate of the All Progressives Grand Alliance (APGA), for winning the gubernatorial election in Anambra.

He praised the security agencies for their determination to ensure that the election went on as smoothly as possible.

The president equally commended the Independent National Electoral Commission (INEC) for the successful conclusion of the exercise despite the initial challenges encountered.

Buhari, who is expected back in Nigeria on Nov. 16, ended the week under review in a shock and sadness, following the demise of Brig.-Gen. Dzarma Zirkusu and three soldiers who paid ”the supreme sacrifice while fighting terrorists in the Northeast zone of the country.

Previous article - Next article Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2023/7/22 15:36:35 - Uncertainty looms as negotiations on the US-Kenya trade agreement proceeds without a timetable
2023/7/22 13:48:23 - 40 More Countries Want to Join BRICS, Says South Africa
2023/7/18 13:25:04 - South Africa’s Putin problem just got a lot more messy
2023/7/18 13:17:58 - Too Much Noise Over Russia’s Influence In Africa – OpEd
2023/7/18 11:15:08 - Lagos now most expensive state in Nigeria
2023/7/18 10:43:40 - Nigeria Customs Intercepts Arms, Ammunition From US
2023/7/17 16:07:56 - Minister Eli Cohen: Nairobi visit has regional and strategic importance
2023/7/17 16:01:56 - Ruto Outlines Roadmap for Africa to Rival First World Countries
2023/7/17 15:47:30 - African heads of state arrive in Kenya for key meeting
2023/7/12 15:51:54 - Kenya, Iran sign five MoUs as Ruto rolls out red carpet for Raisi
2023/7/12 15:46:35 - Ambassador-at-Large for Global Women’s Issues Gupta Travels to Kenya and Rwanda
2023/7/2 14:57:52 - We Will Protect Water Catchments
2023/7/2 14:53:49 - Kenya records slight improvement in global peace ranking
2023/7/2 13:33:37 - South Sudan, South Africa forge joint efforts for peace in Sudan
2023/7/2 12:08:02 - Tinubu Ready To Assume Leadership Role In Africa
2023/7/2 10:50:34 - CDP ranks Nigeria, others low in zero-emission race
2023/6/19 15:30:00 - South Africa's Ramaphosa tells Putin Ukraine war must end
2023/6/17 15:30:20 - World Bank approves Sh45bn for Kenya Urban Programme
2023/6/17 15:25:47 - Sudan's military govt rejects Kenyan President Ruto as chief peace negotiatorThe Sudanese military government of Abdel Fattah al-Burhan has rejected Kenyan President William Ruto's leadership of the "Troika on Sudan."
2023/6/17 15:21:15 - Kenya Sells Record 2.2m Tonnes of Carbon Credits to Saudi Firms

The comments are owned by the author. We aren't responsible for their content.