by Institute for Global Dialogue
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by Institute for Global Dialogue
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Deputy Minister Masina will address South African and Nigerian business communities during the business seminar that will take place today.
Deputy Minister Masina says the visit to Nigeria is for South Africa to form continuous and sustainable economic relations with West African countries in order to advance industrial development, and upgrade diversification along a growth path that addresses structural constraints in the economy, including unemployment and poverty.
“Nigeria is the biggest economy in Africa and one of the few countries that South Africa suffers a trade deficit with due to the importation of petroleum products. The mission is therefore intended to penetrate the Nigerian market with South African manufactured products and to further exploit investment opportunities,” says Masina.