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

Swisstulle advances dyeing efficiency with JigMaster

Swisstulle adopted JigMaster for its dyeing and finishing operations, especially for high-quality technical textiles used in fashion and automotive industries.

3 days ago

Birla Cellulose and Circ partner to scale textile recycling

Birla Cellulose, a leader under the Aditya Birla Group, has announced a long-term partnership with Circ, a U.S.-based textile recycling…

3 days ago

CARBIOS unveils enzymatically recycled polyester t-shirt

CARBIOS has collaborated with leading brands Patagonia, PUMA, Salomon etc. to create a groundbreaking polyester garment made entirely from textile…

3 days ago

Yangi launches sustainable fiber-based food tray

Yangi, renowned for its renewable packaging solutions, has launched a fiber-based food tray as a sustainable alternative to plastic trays…

3 days ago

Tarpaulife Project develops alternative to PVC-coated fabrics

The European Tarpaulife Project is working on polyolefin-coated fabrics, such as polyethylene, that can be manufactured to compete with PVC-coated…

3 days ago

Better Cotton to standardise measurements for cotton production

Better Cotton has joined the global non-profit alliance, Cascale, in a three-year project aimed at standardising LCA methods across the…

3 days ago