Home Africa ACCI, South African High Commission To Partner On Mining, Agriculture, Renewable Energy, Others
ACCI, South African High Commission To Partner On Mining, Agriculture, Renewable Energy, Others

ACCI, South African High Commission To Partner On Mining, Agriculture, Renewable Energy, Others

0
0

ACCI, South African High Commission To Partner On Mining, Agriculture, Renewable Energy, Others

The South African High Commission has indicated interest to partner with the Abuja Chamber of Commerce and Industry in various areas of mutual interest.

This was part of the discussions when representatives of the South African High Commission, led by the Economic Counsellor of the Commission, visited the Chamber on Monday.

The President of the Chamber, Prince Adetokunbo Kayode who welcomed the interest of the Embassy, said there are lots of opportunities that Nigeria and South Africa can leverage to benefit from each other. He identified sectors of mutual interest such as Agriculture, Mining, Technical services, and Renewable Energy amongst others.

Prince Kayode added that there is high potential in Animal husbandry saying that it is an industry that Nigeria has not started developing.

“The entire value chain, from the farm to the market to the table is bigger than the automobile industry. Nigerians consume seven thousands of cows daily and the statistics is not even correct, it could be much more than is documented. So if we can work together, it can be mutually beneficial” he said.

Prince Kayode also said South Africa is one of the biggest mining countries in the world stating that Nigeria could benefit from Mining Equipment and Technology Services (METS) which South Africa is very strong at.

“METS is the most critical part of mining and it is an area where South Africa is very strong at. MET in South Africa contributes about 10-15 percent to the GDP” he said.

Speaking earlier, the Economic Counsellor of the High Commission, Greg Munyai said the visit to the Chamber was to strengthen business relationship between the two countries, and find areas of strength where collaborations can be made.

He explained that a ministerial meeting was held between the ministries of Trade and Investment in both countries with the intention to firm up the binational commission, which was earlier agreed upon from President Buhari’s visit to his South African counterpart Cyril Ramaphosa about a year ago.

The meeting was aimed at looking at fields where both countries can collaborate.

“In that meeting there was an agreement to strengthen the industrial relationship between the two countries.
One of the issues discussed was to make sure all industrial participants are linked up sector by sector.

“We have selected about Seven (7) aspects which we have mutually agreed to collaborate, one of which is Chambers of Commerce” he said.


LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

17 − 1 =

StartUpper of the Year Challenge

WP2Social Auto Publish Powered By : XYZScripts.com
Language Options »