UK Aims to be the G-7 Leading Investor in Africa by 2022-Theresa May, Prime Minister

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Tuesday, August 28, 2018 4.00PM / Proshare WebTV

The United Kingdom is targeting the year 2022 as the year it will attain the status of the leading G-7  investor nation investing in Africa.

Prime Minister Theresa May made this assertion during the commencement of her 3-nation tour of the continent in South Africa.

May addressing a gathering of business leaders in South Africa, said the UK private sector will be incentivized to invest more in the continent, channelling billions of pounds into strategic initiatives and projects that will transform the region.

She stressed that the UK was prepared boost internal cooperation with African economies, leveraging on strategic trade Post-Brexit era.

The Prime Minister held a meeting with the South African President, visited a school in cape town and held a business roundtable.

As part of the visit, the UK Signed a new trade agreement with SADC countries like South Africa, Mozambique, Botswana among others.

President Cyril Ramaphosa thanked the British PM for her visit to Africa, believing it will strengthen the prospects of the continental trade agreement in the continent and bolster the North-South cooperation.

The Prime Minister held a meeting with the South African President, visited a school in cape town and held a business roundtable.

Mrs May accompanied by a 30-man delegation  will visit Nigeria tomorrow Wednesday August 29, 2018 and round up her tour in Kenya.

 

Proshare Nigeria Pvt. Ltd.


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