APA

African Press Association

SA defies tensions, sends investment mission to Nigeria

Department of Trade and Industry Minister, Dr Rob Davies

by TINTSWALO BALOYI
JOHANNESBURG, (CAJ News) – THE South African government is undeterred by the prevailing frosty relations between the two countries in its quest to explore investment opportunities in Nigeria.

Starting Monday next week, the Department of Trade and Industry will lead a Trade and Investment Mission to the West African country serve to
promote South African products, and service offerings, whilst creating business partnerships between business communities of the respective countries.

The delegation will also tour Ghana on the West African mission that ends on March 20.

The Minister of Trade and Industry, Dr Rob Davies, said the mission was also is aimed at advancing Ghana, Nigeria and South Africa’s trade and investment relations.

Both Ghana and Nigeria feature as key strategic partners for South Africa in the West Africa, region and are pivotal partners towards advancing
integration on the continent.

“The mission will also create a platform to facilitate networking and the obtaining of information on the dynamics of the industries, as well as
availability of partnership opportunities in both Ghana and Nigeria,” said Davies.

“It will also provide opportunities for relationship building amongst business communities,” he added.

Ironically, the mission to Nigeria coincides with relations between the country and South Africa taking a knock because of xenophobic violence
against Nigerian nationals.

Nigeria claimed over 100 of its nationals had been killed over the last two years.

Some Nigerians had reacted with reprisals with an MTN base in Nigeria attacked.

There have been threats of further attacks on South African firms in Nigeria.

Diplomatic efforts are ongoing to resolve the tensions between Africa’s two biggest economies.

– CAJ News

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