Angola invite Nigeria to explore investment opportunities

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.

Recent Posts

John Smedley, Wales Bonner launch knitwear collection

British knitwear manufacturer John Smedley and London-based fashion label Wales Bonner have released their second co-branded collection for Autumn/Winter 2026.

34 seconds ago

ReFiber launches nationwide campaign for unused garments in India

ReFiber has launched a campaign to collect unused clothes from consumers and help address the growing problem of post-consumer textile…

3 mins ago

Peak Performance introduces functional activewear collection

Swedish outdoor brand Peak Performance has introduced its new Treeline shell collection, designed for people who enjoy outdoor activities throughout…

1 day ago

Xtep launches shoes with advanced carbon fiber technology

Xtep has launched its new flagship marathon running shoe range, the 160X 8.0 Ultra, featuring a high-end GT1200 carbon sole…

1 day ago

NUS researchers convert carbon fibers into aerogels

Researchers at National University of Singapore have developed a method to transform difficult-to-recycle carbon fibre and epoxy composite waste into…

1 day ago

AbTF expands sustainable fiber programs

AbTF strengthened its work on sustainably verified natural fibers in 2025, continuing to expand its programs despite challenges across global…

4 days ago