As Africa strives to boost intra-Africa trade, the need to tackle trade barriers and streamline visa processes is crucial for smoother trade relations between Nigeria and Angola.
Mrs. Fifi Ejindu, President of the Angola-Nigeria Business Council, highlighted this at the Angola-Nigeria Diplomatic-Business Investment meeting in Lagos, emphasizing the significance of robust economic ties for mutual progress.
Dr. Armando Manuel, the country’s former Minister of Finance, expressed optimism about the recent diplomatic-business investment meeting, citing fruitful discussions and potential outcomes.
He invited Nigerian investors to explore opportunities in Angola, particularly in pharmaceuticals, agriculture, and addressing food security concerns.
Former President Olusegun Obasanjo, a special guest, called for strong economic ties, emphasizing the need to boost trade volumes within Africa and address infrastructure deficits, especially in transportation.
Mr. Olusegun Awolowo, Secretary of the National Action Committee of AFCFTA, Nigeria, highlighted the lack of Foreign Direct Investment (FDI) between the two countries and stressed the importance of addressing infrastructural deficits for economic engagement.
The meeting, organized with the Angola-Nigeria Business Council, aimed to promote commercial cooperation and establish sustainable foundations for strengthening economic ties between the two nations.
