Nigeria-South Africa forum to discuss intra-African trade

On Thursday, August 21, 2014 the Nigeria-South Africa Chamber of Commerce will reportedly discuss Africa's competitiveness and ways of boosting intra-African trade.

The meeting which would be hosted by Brand South Africa in Lagos, is expected to facilitate opportunities for intra-Africa trade, and discuss ways in which African countries can collaborate for growth.

According to reports by SAinfo, Deputy Trade and Industry Minister Mzwandile Masina will address the forum, whose members include such heavyweights as Stanbic IBTC Bank, Honeywell Group, Philips Consulting, Old Mutual, First Bank, South African Airways, Southern Sun, MTN, Multichoice, SABMiller and Unilever.

"The NSACC is probably the most vibrant and active chamber of commerce in Nigeria, and was set up in 2000 to promote bilateral trade relations between Nigeria and South Africa," Masina was quoted by saying in a report by SAinfo.

Economic growth across Africa is expected to hit 6.1% in 2014. The continent has the resources to power that growth and to feed itself. Entrepreneurship is flourishing, the middle class is growing and poverty rates have been falling since the 1990s.