Growth at the Heart of Foreign Secretary’s Visit to Nigeria and South Africa
On November 3, 2024, Foreign Secretary James Cleverly visited Nigeria and South Africa to promote economic growth and strengthen ties between the United Kingdom and both countries.
Nigeria
In Nigeria, the Foreign Secretary met with President Muhammadu Buhari and other senior officials to discuss increasing trade and investment between the two countries. The UK is Nigeria’s second-largest trading partner, and the two countries have a strong economic relationship. However, there is potential for further growth, particularly in the areas of infrastructure, energy, and agriculture.
The Foreign Secretary also announced a new £1 billion investment package for Nigeria. This money will be used to fund projects that will boost economic growth and create jobs. The package includes £500 million for infrastructure, £300 million for energy, and £200 million for agriculture.
South Africa
In South Africa, the Foreign Secretary met with President Cyril Ramaphosa and other senior officials to discuss the country’s economic challenges and opportunities. South Africa is the UK’s largest trading partner in Africa, and the two countries have a strong economic relationship. However, South Africa is facing a number of economic challenges, including high unemployment and poverty.
The Foreign Secretary announced a new £500 million investment package for South Africa. This money will be used to fund projects that will boost economic growth and create jobs. The package includes £250 million for infrastructure, £150 million for energy, and £100 million for skills development.
Conclusion
The Foreign Secretary’s visit to Nigeria and South Africa was a success. He met with senior officials in both countries to discuss ways to increase trade and investment and boost economic growth. The UK is committed to working with both countries to achieve these goals.
Growth at the heart of Foreign Secretary’s visit to Nigeria and South Africa
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