Hot topic: Investment in Africa
By Marek J.D.Goldyn – Editor-In-Chief Euro Canada News / The Canadian National News
TORONTO – Bruce Shapiro name is highly recognised in the Canadian business community doing international trade with various countries in Africa.
A Delegation from Nigeria held two days business seminar with Canadian entrepreneurs at the boutique hotel – Admiral in Toronto.
A Special Report for Canadian Investors in Nigeria
By Andrew H. Willmann – Senior Reporter Euro Canada News / The Canadian National News
RECENT CANADA – NIGERIA BUSINESS & INVESTMENT SUMMIT TORONTO 2019
Africa represents a major business and investment opportunity for long-term investors and especially for large North American and European pension funds focused on “private equity” business projects. Continent of Africa is currently undergoing some notable reforms, one of which has been creation of a new Economic Free Trade Zone based in part on the European Union model, but recognizing the level of climate, geographic, agricultural and industrial specifications. In this context, we were very interested in attending a recent Toronto conference
Canada-Nigeria Business & Investment Summit Toronto 2019 NIGERIA: AN EMERGING TRADE & INVESTMENT OPPORTUNITY
Nigeria has the largest economy in Africa (GDP of $376 billion in 2017) and the largest population (195 million), in addition to one of the largest populations of youth in the world. Nigeria is a multi-ethnic and culturally diverse society consisting of 23 autonomous states. With an abundance of resources, it is Africa’s biggest oil exporter, ranks first in African in farm output and also has the largest natural gas reserves on the continent. Despite some development challenges Nigeria possesses strong business and investment fundamentals and represents a tremendous market opportunity for Canadian companies looking to invest, export products or source imports.
Specifically, several key industry sectors were discussed: • Agriculture/ Agro-processing – value chain, food & cash-crop processing / preservation, packaging • Solid Minerals – extractive innovation • Health Care – primary healthcare, ambulance, medical labs, trauma centers, nursing homes • Power & Alternative Energy – solar, wind, turbine, geothermal energy • Infrastructure – real estate, road development & transportation • Technology & ICT – phones, computers, software, digital economy • Education & training
All in all, it was a very productive opportunity to learn about opportunities in Africa’s largest economy and meet senior Nigerian government and business leader from a variety of industry sectors.
Further Contacts: Wayne Floreani E-mail: wayne@mineafrica.com 416.533.3998 www.mineafrica.com Kola Esomojumi E-mail: kesomojumi@leadershipandgovernance.com 647.866.4103 www.leadershipandgovernance.co
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