25 French companies storm Nigeria for investment forum, target on ICT, others

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25 French Companies

About 25 French companies and business groups have concluded plans to participate in the Nigeria-France Business and Investment Forum in Abuja which will end today.

According to the Nigerian Ambassador to France, Modupe Irele, some of the French companies are from such sectors as ICT, refined petroleum sector, pharmaceuticals, mechanical,  electronics, agricultural products, medical field, entertainment, film industry, and music, amongst others.

Irele noted that the Nigeria-France Business and Investment Forum is an initiative that started in France to promote business between both countries.

She noted that both countries had a business worth four billion euros in bilateral trade in 2018 and added that Nigeria remained France’s leading trading partner in sub-Saharan Africa.

Quoting her:

“So, there is already a good relationship in terms of economy and trade between the two countries. But this needs to be taken further. What we had noticed in France was that there is a lot of interest in Nigeria, but it remained an interest. So, we wanted to bring them to Nigeria, to bring these companies, just a few of them who had shown interest in Nigeria, so that they can move from talk to action”.

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Irele further said the development was a two-way relationship as the trade between the two countries stood to benefit both sides and the most important issue was the companies were invited to explore the opportunities in Nigeria.

Africh Royale

Africh Royale

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