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Angola invite Nigeria to explore investment opportunities

YarnsandFibers News Bureau 2015-11-09 16:00:00 – Africa

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.

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