The Tanzania High Commission in Nigeria has reaffirmed Tanzania’s commitment to bolstering trade and bilateral relations with Nigeria and West African nations, following the country’s participation in the recently concluded Lagos International Trade Fair. Acting High Commissioner Judica Nagunwa, represented by Economic Affairs Officer Edna Sylvester, emphasized that Tanzania’s presence at the fair aligns with its broader economic diplomacy goals
“As part of our economic diplomacy efforts, we participate in international trade fairs to showcase Tanzanian products, including coffee, tea, spices, wine, leather goods, and more,” Nagunwa stated. She added that the High Commission aims to engage Nigerian importers interested in sourcing these products, in line with the African Continental Free Trade Agreement (AfCFTA) to boost intra-African trade.
Read also
- FG launches ₦20bn consumer credit fund for automotive growth
- Enugu SME Center empowers youths through construction skills TVET programme
- AfDB, Italy sign $6B deal, BoI secures $50M for SMEs
- Delta ALGON Chair hails Oborevwori’s empowerment drive
- FG to set up multi-level steering committee to boost industrial growth
Nagunwa also highlighted Tanzania’s focus on educating Nigerian businesses and investors on the country’s potential in sectors such as tourism, mining, agriculture, real estate, and the blue economy. “We are here to answer questions and provide information about Tanzania’s investment prospects and visa application processes for those interested in visiting,” she said.
The High Commission underscored Tanzania’s strategic position along the Indian Ocean, making it a gateway to East and Central Africa and an attractive hub for trade. “We invite Nigerian investors to explore these opportunities,” Nagunwa added, noting Tanzania’s investment-friendly policies designed to encourage foreign businesses to expand into East Africa.
Discover more from SMALL BUSINESS INSIGHTS
Subscribe to get the latest posts to your email.
