September 22, 2020 02.55PM / NBCC/Header Image Credit: NBCC
Nigerian-British Chamber of Commerce (NBCC) on Thursday, September 17, 2020 hosted the Global Investment Conference in collaboration with the UK Department for International Trade, for the finale of its 2020 Trade Mission.
The President and Chairman of Council of the NBCC, Mr Kayode Falowo said during his welcome address that the purpose of the conference was to discuss issues that will foster trade and investment growth between Nigeria and Britain, such as the impact of the establishment of the African Continental Free Trade Area (AfCFTA), Foreign Direct Inflows and Economic Risk, Accessing Finance for Increased Trade and the role of Fintech in trade facilitation.
The Conference, which is the debut edition for the Chamber, was themed, "The Future of Trade and Investment in Africa" had various industry experts and seasoned professionals to address the strategy for the future of trade and investment in Africa. Speakers at the Conference were:
Delivering the opening remarks, British High Commissioner, Ms Catriona Laing said "UK Export Finance has increased its risk appetite for Nigeria and can now support transactions up to 1.5bn and this additional support will help companies access finance for projects, open up new and exciting trade opportunities and support mutual prosperity"
Following the BHC's remarks, the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo said in his Keynote Address that Nigeria is actively working to attract more foreign direct investments into key industries to meet the demands of the African Continental Free Trade Area (AfCFTA).
He also shared that Nigeria's investment priorities are:
6. NBCC Webinar: Nigeria Targets 5% Contribution To GDP From Mining By 2025 - Solid Minerals Minister
9. NBCC Breakfast Meeting to hold on February 20, 2020
12. 16th NBCC President, Kayode Falowo Pledges to Facilitate Robust UK-Nigeria Trade Relations