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Home Business news

South Africa Pledges Stronger Economic Ties with Nigeria to Boost Trade and Investment

Victoria Emeto by Victoria Emeto
August 27, 2025
in Business news
0
South Africa Pledges Stronger Economic Ties with Nigeria to Boost Trade and Investment

The Government of South Africa has reaffirmed its commitment to strengthening economic diplomacy with Nigeria, aiming to unlock new opportunities for trade and investments that can drive growth and development across Africa.

This pledge was made in Lagos by the Acting High Commissioner and Consul General of South Africa in Nigeria, Professor Bobby J. Moroe, during the 2025 Outward Selling Trade Mission to Nigeria. The event was organised by the South Africa Consulate General Lagos in collaboration with the Department of Trade, Industry and Competition (DTIC) of South Africa.

Moroe emphasised that South Africa and Nigeria, as two of Africa’s largest economies, have a unique opportunity to deepen trade and investment partnerships.

“Together, let us tap into the transformative power of trade to stimulate growth, generate employment, and enhance lives,” he said.

He added that greater collaboration between the two nations will not only accelerate regional development but also position Africa more prominently on the global economic map.

The trade mission is expected to facilitate business-to-business engagements, expand market access, and strengthen bilateral relations in key sectors including manufacturing, energy, and technology.

Tags: #AfricaGrowth#EconomicDiplomacy#SouthAfricaNigeria#TradeRelations
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