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.