New Telegraph

Buhari in Durban, South Africa, to seek $40bn investment

President Muhammadu Buhari on Saturday arrived in Durban, South Africa, from Paris, France, as part of his ongoing socio-economic diplomatic missions aimed at enhancing security and economic transformation of the country.

 

The NewsAgencyof Nigeria (NAN) reportsthattheNigerian leader is in Durban at the specialinvitationof PresidentCyril Ramaphosaof South Africa, to attend the inauguration of the second Intra-African Trade Fair(IATF) 2021today.

 

The theme of the fair, ”Building Bridges for a Successful AfCFTA,” is aims at boosting trade and investments across the African continent, Mr Femi Adesina, the president’s spokesman, said in a statement in Abuja.

 

Adesina stressed that the event would also seek to create the enabling environment for businesses to thrive across the continent.

Adesina said: “Global businesses, including non-African international brands, are expected to key into opportunities generated by the fair, thereby attracting to continental trade investment deals worth $40 billion.”

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