ABUJA: South Africa is optimistic about consolidating economic ties with Nigeria, says South African High Commissioner to Nigeria, Lulu Louis Mnguni.
Addressing a trade and investment seminar in Lagos, Nigeria, Mnguni said the participation of businesspeople from both countries contributes immensely to the advancement of relations between South Africa and Nigeria, especially at an economic level.
A 20-member delegation of local companies is currently on a trade and investment mission to Nigeria. It is organised by the Department of Trade and Industry (dti) to create more market access and investment opportunities for South African companies in the West African region.
Mnguni said working together and learning from each other, as the two economic giants of Africa, will not only benefit the citizens but also the entire African continent.
Approximately 120 South African firms operate in Nigeria in various sectors such as engineering, telecommunications, construction, aviation, media, hospitality, banking, entertainment, real estate, retail and oil and gas exploration.
