The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

Deputy Minister Masina to lead an outward selling and investment mission to Ghana and Nigeria  

The Deputy Minister of Trade and Industry, Mr Mzwandile Masina will lead a delegation of businesspeople on an Outward Selling and Investment Mission (OSIM) scheduled to take place in Ghana and Nigeria from 17-21 August 2015.

The objective of OSIM is to increase trade and investment, and deepen bilateral relations between South Africa and these two countries. The mission will serve as an ideal opportunity for South African companies to export value-added products and services to Ghana and Nigeria, and for penetration of companies that are looking for investment opportunities in these African countries.

According to Deputy Minister Masina, the mission will also provide a platform for South African companies to promote their products and services into the African market.

“The mission presents the Department of Trade and Industry (the dti) with an opportunity to continue to pursue economic collaboration and partnerships with African countries. This as we continue crafting the way forward for sustainable economic development and the development of investment in the African continent,” says Masina.

He adds that South Africa has taken a conscious decision to partner with Nigeria during their development phases and that Nigeria, like most countries in Africa, presents wealth of business opportunities for South African companies.

Bilateral trade between South Africa and Ghana has experienced an upward trend between 2010-2014, growing from R2.6 billion to R10.8 billion, while bilateral trade between South Africa and Nigeria has experienced a fluctuating but upward trend from 2010 to 2014 growing from a total of R20.5 billion in 2010 to R66.2 billion in 2014.

Sectors targeted for the mission are agriculture and agro-processing, build environment professionals, infrastructure, furniture and wood processing energy and mining. The programme for the OSIM includes Trade and Investment seminars, mini exhibitions, business to business meetings and site visits.

The Department of Trade and Industry of South Africa

 


 
 
 
 
 
 
 
 
 
 
 
 
 
_________________________________________________

January/February 2020

 
 
.
_________________________________________________

Translater


 

 

  
 
 
 
 

 
 
                                                     
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 

 
 
 
 
 
 
 
 
 
 
 
 

<|> <|> Indonesian Tourism responds to Millennials and wins Award 8 October 2019 "The challenge to the tourism world is not getting easier. It is not only the global economic slowdown, but also a change in... <|> A MEMORIAL, CORONATION, ENGAGEMENT AND A WEDDING: A ROYAL AFFAIR by Stella Sigcau 15 October 2019 September and October months were very busy in the royal calendars throughout South Africa... <|> Culture and Heritage Tourism Boost the Economy of the Mpondo Kingdom Mbotyi and Mngazi 15 October 2019 By Stella Sigcau Mpondo Kingdom is known for its cultural richness, beautiful... <|> SADC enhances cooperation with Indonesia 15 October 2019 ”Indonesia is ready to be part of the African development, especially in the southern African region” Photo: Ambassador of the Republic... <|> A rising star ready to make it internationally by Stella Sigcau 16 October 2019 Azemahle Lwanda Matebese a 13 year old, grade 8 scholar from Durban Girls High School has had a passion for dancing... <|> Korea calls for ease of doing business in SA 2 October 2019 This year marks Korea’s 4,352nd anniversary since its national foundation, and the 71st anniversary of its Armed Forces Day. In South... <|> Russia-Africa look to deepen scientific ties 14 October 2019 With a week to go until the first ever Russia-Africa Summit, Russia has emphasised the need to expand and deepen scientific ties between... <|> SA, Nigeria commit to condusive business environment 4 October 2019 The governments of South Africa and Nigeria have committed to creating a conducive business environment that will make it easier... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.