Angola invite Nigeria to explore investment opportunities

Angola wants to open up investment opportunities in textile, culture, industry food production, mining which is the most profitable and agriculture for Nigerian businessmen. Angolan Ambassador to Nigeria, Dr. Eustoiquio Januorio Quibato has invited Nigeria business community to explore the abundant investment opportunities in the country. Investment from Nigeria is expected to rise to $2.3 billion in the next 5-6 years.

They are also making efforts to establish Angola-Nigeria chambers of commerce, with the aim of boosting economic and trade ties between the two countries.

Nigeria is a good brother that they are counting so much on for support in development. Angola is a door for the big market for the southern and central market due to its strategic location.

The ambassador speaking on the similarities between both countries said that Nigerians have the vision 2020 and Angola that of 2015 to 2017 both plans are aiming at the same objective. The one in Nigeria is same as the one in Angola. One of them is to fight poverty.

He further said that they have to be committed not only to the government; they have to be committed to the community leaders, to the youths to promote local community development.

Recent Posts

Avantium unveils breakthrough for recycling polycotton blends

Avantium has made a major breakthrough in textile recycling, developing a unique method to separate and reuse both cotton and…

23 hours ago

Ventile, Northern Playground unveil versetile Anorak

Ventile has teamed up with Norwegian brand Northern Playground to introduce a new lightweight anorak designed for both outdoor adventures…

23 hours ago

Faherty, Alternew to enhance retail experience

Faherty Brand has announced a new collaboration with Alternew to improve the shopping experience by offering convenient alteration services to…

23 hours ago

GFA and PDS Ventures launch Trailblazer Program

GFA and PDS Ventures are searching for early-stage innovators with sustainable solutions that can transform the fashion and textile supply…

2 days ago

Ambercycle and Benma to scale circular textile solutions

Ambercycle has partnered with Benma, a Chinese sustainability solutions provider, to accelerate circularity in textiles through the production of cycora…

2 days ago

Dutch delegation, Bangladesh partner to strengthen supply chain

A trade delegation from the Netherlands will visit Bangladesh from February 10th to 13th, 2025, as part of the Netherlands…

2 days ago