Nigeria ranks fourth among France major trading partners in Africa.
The Franco-Nigerian Chamber of Commerce and Industry (FNCCI) has announced the commencement of French Week 2022, Nigeria’s most prominent business networking event. It aims to celebrate and intensify the existing commercial collaboration between France and Nigeria. According to the chamber, the activities for this year’s edition of the annual event, which kicks off in Lagos on November 18th, is scheduled to end on November 25th. At the event, significant stakeholders in the economies of France and Nigeria are said to connect in order to foster greater economic cooperation between the two countries.
Moses Umoru, director general of the French-Nigerian Chamber of Commerce and Industry, remarked that Nigeria is France’s most widely grown partner in sub-Saharan Africa, noting that Nigeria is France’s fourth most crucial business partner in Africa, following Morocco, Algeria, and Tunisia. He further explained that the energy industry is essential to numerous other service industries, including commerce, agriculture, e-commerce, information technology, transportation, logistics, and others. Due in large part to the French government’s assistance in project development, French companies and businesses now have a greater stake in Nigeria’s economy.
France companies in Nigeria remained dedicated in operation.
Among the development projects are the primary healthcare renovation in Oyo state, a power project in the northern part of Nigeria, a waste conversion project in Cross river and women-owned enterprises support in numerous parts of the country. As exemplified by Engie’s deployment of mini-grid power projects throughout Nigeria with the investment of $60 million and Total Energies’ impact projects, including electricity, healthcare, education, etc., Umoru said that France companies in Nigeria remained dedicated to operating in the country.
Furthermore, he named SPIE oil and gas training programs for young Nigerians of varying skill levels, Delifrost Nigeria, presently sourcing local milk from Kano state for its dairy products, and Danone (Fanmilk) with considerable investments in backward integration for the production of dairy milk for their products and the commissioning of its modern dairy farm in Odeda, Ogun State. Umoru highlighted the several ways the chamber has contributed to promoting the commercial connection between France and Nigeria. These include trade missions to France, high-level networking events, meetings with prominent government agencies, and assistance for the chamber’s own start-ups.
FNCCI represents 35,000 businesses in 85 countries.
At this year’s annual event edition, more than 2 million social media impressions are anticipated to be present. Also, the French Ambassador, together with other significant business actors from both nations, as well as other attendees, are also expected to turn up at the event. In addition, the event was ranked as the largest C-Level networking event in recent times, with over one thousand C-level executives present throughout the long week of the events held.
The French-Nigerian Chamber of Commerce and Industry (FNCCI) is part of a more extensive network of 115 French Chambers (CCIFI) in 85 countries, representing over 35,000 businesses, and saddled with the primary aim of serving as a forum for the private sectors of France and Nigeria to foster mutual understanding and strengthen business ties. Today, the chamber has expanded into a vibrant and influential business network with over 200 member organizations of French and Nigerian businesses with global interests across all industries.
Chamber offers a comprehensive info platform.
As the major representative for France and Nigerian business community, FNCCI maintains regular consultations with the government and non-government agencies that affect business operations in Nigeria such as the NAFDAC, NDLEA, customs, NIPC, and other local and bi-lateral chambers of commerce, amongst others. In order to develop and foster economic ties between France-Nigeria, it also offers a comprehensive information platform, promotes members’ interests to industry leaders and key decision-makers, as well as providing an extensive range of communication tools.
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I hope Nigeria moves up in the FNCCI position. We need to do more in our businesses to push ourselves more. I’m sure we won’t disappoint ourselves.
Even though not colonized by the French but we are still fourth in having economic times with Jen.in Africa wow but we really need to tap.kore into it and achieve greater things for our nation as a whole.
It is excellent news that activities for this year’s iteration of the yearly event will begin in Lagos. The event will take place in Nigeria.
This provides a comprehensive information platform, champions members’ interests before business leaders and important decision-makers, and offers a wide range of communication tools in an effort to strengthen and grow commercial links between France and Nigeria.
Due in big proportion to the French government’s aid in project development, French enterprises and businesses today have a stronger interest in Nigeria’s economy
It is believed that important stakeholders in the economies of both France and Nigeria are connected with one another in order to create stronger economic cooperation between the two countries.
Renovating primary healthcare facilities in Oyo state and constructing power plants in Nigeria’s northern region are two examples of the development projects currently underway in Nigeria.
It is quite encouraging to learn that the events for the annual event that will take place in Lagos this year will start there. It has been decided that the event would take place in Nigeria.
Some major players in France’s and Nigeria’s economies are reportedly in touch with one another to facilitate closer financial ties between their respective countries.
This involves substantial investments in backward integration for the production of dairy milk for their goods as well as the commissioning of its cutting-edge dairy farm
There will be a number of attendees, including the French Ambassador and prominent business figures from both countries.
The chamber has evolved into a dynamic and prominent business network, with over 200 member organizations comprising French and Nigerian companies that have global interests across all sectors of the economy.
Nigeria is France’s most extensively grown partner in sub-Saharan Africa, stating that Nigeria is France’s fourth most significant economic partner in Africa, following Morocco, Algeria, and Tunisia
It’s nice .. It has been decided that the event would take place in Nigeria. we need to do more in our businesses to push ourselves more.
Nigeria ranks fourth among France major trading partners in Africa.we have all it takes to be number one.
As we are ranked fourth among France major trading in Africa this is a good thing for us we should keep forward in improving and promote our business
From the information gathered above it proves that France has truly invested massively in Nigeria which has earn Nigeria. The number fourth position in trading with France.
There has been talk of communication between powerful figures in the French and Nigerian sectors in an effort to strengthen financial relations between the two nations.
Without menacing words the French country has greatly invest in Nigerian to earn Nigeria number fourth position in trading with France.
Nigeria has been a major trade partner to many international countries and organisations across the world and this has really help Nigeria to have good relation with those countries.
This aims to promote and strengthen the current business partnership between France and Nigeria. To promote stronger economic cooperation, key players in the economies of France and Nigeria would connect.