• Privacy Policy
  • Terms
  • About us
  • Contact Us
Thursday, March 30, 2023
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria-Egypt maiden trade conference to promote economic, business relations

Trade

The Matters Press by The Matters Press
October 10, 2022
Reading Time: 2 mins read
0
Global trade’ll grow to $30tn by 2030

Nigeria and Egypt are set to hold its maiden edition of the Nigeria–Egypt Trade Conference and Exhibition (NETCE) on Monday in Cairo to promote economic and business relations between both countries.

RELATED POSTS

U.S. hikes visa fee

DMO, Centre task incoming administration on revenue generation

NMDPRA to resume safety audit of petrol outlets, tankers operations

The two-day conference is jointly organised by the Nigeria-Egypt Cultural and Socio-Economic Forum (NESCEF) in collaboration with the Nigerian Embassy, Cairo, and the Egyptian African Businessmen’s Association (EABA).

NETCE 2022 is meeting under the theme ‘‘For Africa, By Africa’’, exploring the African Continental Free Trade Area (AfCFTA).

Mr Abdul-Razaq Musa Executive, Assistant to the President, NESCEF, announced this in a statement on Sunday in Abuja, stating that the joint conference would be held under the auspices of the Government of Egypt.

ALSO READ  Why Nigeria's trade with France dropped by $2.3bn

Musa said that the NESCEF would also inaugurate its new office in Cairo to promote successful bilateral economic and business relations.

“The conference will bring together government ministers, governors, ambassadors from Nigeria and Egypt along with over 300 delegates, visitors and exhibitors.

“Over the course of two days in the ancient city of Cairo, businessmen and women from Africa’s two largest economies will engage in Business-to Business sessions, exchange ideas.

“They will attend exhibitions from participating Nigerian and Egyptian companies, showcasing their products and services.

“An industrial tour, scheduled for October 12, will afford the Nigerian participants to learn about the industrial environment and the latest technology in Egypt.

ALSO READ  Army re-jigs senior officers

“NETCE 2022 is meeting and exploring the African Continental Free Trade Area (AfCFTA).

Speaking about the conference, president of the NECSEF, Mahmood Ahmadu, expressed excitement over the meeting which would be a gamechanger for trade relations between both countries and the continent.

‘‘We welcome all delegates. Twice, we have had to postpone this meeting but we are excited it is happening.

“And it is providing limitless opportunities for us to enhance trade between Nigeria and Egypt to a new and enviable height,’’ Ahmadu said.

Nigerian Ambassador to Egypt, Nura Rimi, said that the current trade volume of the two countries stood at $141 million.

ALSO READ  Nigeria supports 280 exporters with grants

Rimi expressed optimism at the successful implementation of reforms promoting transparency and efficiency in the business environment.

He said it would also promote economic diversification into real sectors like agriculture, mining and manufacturing.

“Nigeria is ready to work towards achieving much higher levels of bilateral trade with Egypt.”

The ambassador said the high population growth rate and the size of the two largest economies in Africa presented a win-win situation for the two countries.

Earlier on Sunday, the organisation took advantage of the gathering to inaugurate its corporate office in Cairo.

The building co-locates Online Integrated Solutions (OIS), a multi-national company also owned by Mahmood Ahmadu, which provides services for Nigerian Foreign missions, Nigerians in the Diaspora and NECSE.

Tags: Trade
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Visa-on-arrival counters expanded
Economy/Technology

U.S. hikes visa fee

March 30, 2023
DMO raises N615bn Sukuk fund for roads
Economy/Technology

DMO, Centre task incoming administration on revenue generation

March 30, 2023
NMDPRA to release regulations on midstream, downstream operations
Economy/Technology

NMDPRA to resume safety audit of petrol outlets, tankers operations

March 30, 2023
Zenith Bank unveils N765.6bn gross earnings
Economy/Technology

Zenith Bank grows gross earnings to N945.5bn in 2022

March 29, 2023
Eswatini for $140m Afreximbank’s credit
Economy/Technology

Afreximbank releases $10m finance facility to Parallex Bank

March 29, 2023
New Naira notes unavailable even as CBN campaigns for acceptance
Economy/Technology

NLC, TUC concede two weeks to CBN to end cash crunch

March 29, 2023
Next Post
Kenya, Rwanda ride on AfCFTA to enter West Africa

Kenya, Rwanda ride on AfCFTA to enter West Africa

Global trade’ll grow to $30tn by 2030

Trade minister receives draft copy of Nigeria trade policy 2023-2027

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Python will dance in South East

Python will dance in South East

January 6, 2019
IMF raises alarm over Nigeria’s economy, but supports reform efforts

UNDP earmarks $800,000 to empower 500 Nigerian women

February 25, 2022
Nigeria floats $4bn Eurobonds

DMO re-opens 3 Bonds valued at N225bn at 1,000 per unit

October 12, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • U.S. hikes visa fee
  • DMO, Centre task incoming administration on revenue generation
  • NMDPRA to resume safety audit of petrol outlets, tankers operations

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?