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Africa good place for investments, Tinubu tells Chinese investors

Nigeria’s president, Bola Tinubu, has assured Chinese investors that Africa remains a good place for any form of investment.

While speaking at a bilateral meeting with Chinese Premier Li Qiang, on Wednesday in Beijing, China, President Tinubu, said that Africa as continent holds vast opportunities for investments, growth and development.

He said this is because the continent has the needed population, productive economy and natural resources to launch any investor to the limelight.

Also commending the role of the Forum on China–Africa Cooperation (FOCAC) in advancing partnership between Africa and China, President Tinubu said both countries share common interests.

He said, “The African spirit for FOCAC is based upon mutual respect and partnership that promotes development, happiness, peace and stability for our people.

“We are on this journey together. We believe that we share common interests, which are investments and development.”

The president further called for a strategic focus on areas of collaboration that would bring forth relationships that would remain mutually beneficial to both China and Nigeria.

“Africa is a huge opportunity for economic development. As great people, we are willing to partner for progress and development. What is most important will be the focus of FOCAC in areas on which we can collaborate to make the relationship mutually beneficial to all of us,” Tinubu added.

In his reaction, the Chinese Premier Li Qiang said his country is ready to work with Nigeria to deliver on the mutual agreements reached by President Xi Jinping and President Tinubu under the recently established comprehensive strategic partnership between both nations.

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