Advertorial: August 2021 Trade Mission to Nigeria
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wenty-six Nigerian states recorded zero foreign investment in the whole of 2020, figures released by the National Bureau of Statistics show. The total value of capital inflow for the year fell to $9.7 billion, from $24 billion in 2019, representing a decline of 59.7 per cent. It was the lowest in at least four years. This drastic decline in foreign capital inflows could be attributed to Nigeria’s poor economic performance accentuated by the impacts of the COVID-19 pandemic within the period. Noteworthy is the fact that foreign loans hold the major source of foreign investment inflows and this traction is projected to increase as other forms of investments decrease. However, Brexit presents a unique opportunity to turn this gloomy picture around as both the European Union and the United Kingdom seek to strategically court Africa as investors of choice. With the pathway to dialogue and trade negotiations open, Nigerian businesses and the government can begin to utilize this opportunity with beneficial outcomes to the economy and average standard of living. Following these antecedents, Cater&Merger presents the FIRST POST-BREXIT TRADE MISSION TO THE UNITED KINGDOM in August 2021 to explore: • Collaboration for international venture partnerships between the United Kingdom and Nigeria. • Funding for emerging ventures in Agriculture, ICT, Education, Health, Environment and Renewable Energy for Nigerian businesses. • Partnerships across sectors after round table discussions with British Business Networks, including but not limited to, the British African Business Alliance, Opportunity Peterborough, the Cambridge Chamber of Commerce, the Manchester Chamber of Commerce, the Institute of Management and Leadership UK and the Across Atlantic Development – accredited project partners with the European Union.
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• An opportunity for access to exclusive state and business resources of the cities of London, Manchester and Peterborough. • International intervention programs from the United Kingdom following meetings from the Mayor of Peterborough, the Member of Parliament representing Peterborough and the Worshipful Mayor of Brent. Hereby, presenting a unique pathway to ensuring continuous prosperity for all Nigerians and our communities. If you’re an interested party ▪ a private business seeking partnership or venture funding ▪ a public service seeking expert collaboration and assistance on community impact Kindly get in touch with us on our official email at info@ caterandmergerconsult.com
