By Enyichukwu Enemanna
Plans are ongoing for the hosting of the second edition of the UK-African Investment Summit taking place between April 23 and 24, 2024.
The summit to be hosted by UK Prime Minister, Rishi Sunak, is expected to have in attendance Heads of States and Governments from 24 African countries, as well as British and African business leaders.
The 2-day event seeks to promote two-way trade and investment, creating jobs and growth and supporting women entrepreneurs, Senior Press and Public Affairs Officer, British Deputy High Commission, Lagos, Ndidiamaka Eze said in a statement on Wednesday.
The summit expected to build on the results of the UK-African Investment Summit 2020 and virtual UK-African Investment Conferences in 2021 and 2022 is coming at a time the HM Revenue and Customs has just signed an MoU with the Federal Inland Revenue Service (FIRS) to help increase Nigeria’s domestic revenues.
Top on the agenda will also include strategies to build on the £6.5 billion deals and £8.9 billion investment commitments achieved at the 2020 summit.
The statement stressed that the summit would strengthen UK-African partnerships to create jobs and growth, supporting British and African talent in sectors such as finance and technology.
“To grow the UK’s economy, create opportunities for growth and bolster our economic security, we must deepen our ties with partners across the world.
“This summit will ensure we are able to harness the potential of our relationships across Africa and grow our economies together, making them stronger, resilient, and innovative”, the statement quoted Prime Minister Rishi Sunak as saying.
The statement also revealed that by facilitating business-to-business links, trade opportunities and investment, UK-AIS would help harness this potential for the creation of mutual prosperity, economic growth, jobs and a global transition to green energy.
