Nigerian minister urges South African investors to go north

23/11/2012
Nigeria’s minister for trade and investment, Olusegun Aganga, was the keynote speaker at a discussion forum in Johannesburg in mid-November aimed at boosting trade between his country and South Africa.

The minister told the audience that “Africa’s time has come” and said that all African countries should look closer to home for trade and growth. He said: “For more than 50 years Africa has exported its minerals and other precious resources to the developed world. Those days should be over.”

He said that South African companies should travel north and invest in Nigeria, with leather production one of the key areas of opportunity, along with textiles and food processing. “We extend the hand of friendship to South Africa,” he concluded. “Together let us transform our continent.”