The Nigeria-Canada Trade and Investment Business Forum (NCTIBF) 2024, scheduled to be held in Ottawa, Canada, from October 7-8, 2024, invites Nigerian businesses, entrepreneurs and government leaders to participate in the Nigeria-Canada Trade and Investment Business Forum (NCTIBF). ) provides a unique opportunity to strengthen trade relations with one of the following: Major economies of the world.
This forum marks a major step in Nigeria’s efforts to increase its economic influence on the world stage, particularly in North America.
Organized by Affinity Global Trade & Investment in collaboration with the African Trade Desk and supported by the Nigerian High Commission in Ottawa, NCTIBF 2024 aims to foster economic and commercial relations between Nigeria and Canada .
The event will focus on sectors such as manufacturing, agriculture, energy, fintech and the creative economy, bringing together Nigerian businesses and Canadian investors to create new avenues for growth and collaboration. It will be.
As Nigeria continues to establish itself as Africa’s economic powerhouse, the forum will serve as an important platform to showcase the country’s immense potential. Small and medium-sized enterprises (SMEs) in Nigeria will have the opportunity to connect directly with Canadian investors and buyers, helping them gain access to the North American market and expand their business horizons.
Open the door to the world market
Nigeria’s economic landscape has changed significantly over the past decade, with small and medium-sized enterprises playing an increasingly important role in the country’s growth story. However, while significant progress has been made, the need to access international markets remains a major hurdle for many Nigerian businesses. This is where NCTIBF 2024 comes into play.
Apostle Cornelius Babalola, CEO of Affinity Global Trade & Investment, said, “This forum is transformative for small businesses and entrepreneurs in Nigeria.” “We are building a platform where Nigerian businesses can not only explore opportunities in Canada, but also establish long-term partnerships that will contribute to the growth of the overall economy.”
With Nigeria’s rich resources and Canada’s well-developed industry, this forum provides an ideal opportunity to foster cross-sector cooperation. The potential for growth is in agriculture, where Nigerian farmers can partner with Canadian agribusinesses to improve food production and export opportunities, or in fintech, where innovative Nigerian companies can tap into Canada’s technology ecosystem. Unfathomable.
Strengthening bilateral relations
Although Nigeria and Canada have maintained friendly diplomatic relations for many years, economic cooperation between the two countries remained relatively undeveloped. NCTIBF
2024 aims to change that by fostering government-to-government and business-to-business engagement. This is particularly important as Nigeria seeks to attract foreign direct investment into key sectors of the economy.
The forum will feature high-level government discussions between key officials from both Nigeria and Canada to explore ways to enhance bilateral trade. These talks will focus on areas such as energy, infrastructure and digital innovation. Nigeria has significant growth opportunities, but it requires strategic partnerships to realize its full potential.
Nigeria’s high-level delegation includes government officials, business leaders, and industry experts, all eager to showcase Nigeria’s strengths and discuss ways to deepen economic ties with Canada. Among the key figures scheduled to attend are the Secretary to the Government of the Federation of Nigeria, the Minister of Foreign Affairs, the Minister of Budget and Economic Planning, the Minister of Culture and Creation, the Minister of Petroleum Resources, and other prominent leading Nigerians. Their participation will demonstrate Nigeria’s commitment to fostering trade relations with Canada.
Focus on small business and entrepreneurship
A significant portion of NCTIBF 2024 will be dedicated to promoting opportunities for small and medium-sized enterprises in Nigeria. Small businesses make up a significant portion of Nigeria’s economy, so it’s important to provide them with the tools and connections to succeed internationally. Through the forum’s matching sessions, Nigerian businesses will have the opportunity to market their products and services directly to Canadian investors and buyers.
“Nigerian SMEs have the creativity and drive to succeed globally, but they need access to markets and investment,” Apostle Babalola said. “NCTIBF is designed to open that door and forge a path to sustainable growth.”
From showcasing Nigerian fashion and film in special cultural presentations to highlighting the success stories of Nigerian entrepreneurs, this forum will be a celebration of Nigeria.
The ingenuity and resilience of Nigerians. It also provides Canadian investors with a unique opportunity to engage with Africa’s next generation of entrepreneurs, helping to unlock the vast potential of Nigeria’s creative and digital sector.
Ottawa: Gateway to International Trade
Canada’s capital, Ottawa, was strategically chosen to host NCTIBF 2024 due to its status as a center of international trade and diplomacy. Hosting the forum in Ottawa will allow Nigerian businesses to connect with Canadian government officials, business leaders and international organizations. This is especially important for Nigerian companies looking to expand into global markets.
Additionally, Ottawa’s diverse and vibrant business environment makes it an ideal environment for trade and investment discussions. The city’s infrastructure, combined with its proximity to the Canadian government, provides a suitable environment for building partnerships and fostering economic cooperation.
Looking to the future
The 2024 Nigeria-Canada Trade and Investment Business Forum marks a pivotal moment in Nigeria’s global trade strategy. As Nigeria continues to drive further economic diversification, this forum provides a unique opportunity to engage with international partners, attract foreign investment and promote Nigerian business on the world stage.
For Nigerian businesses, the benefits of participating in NCTIBF 2024 are clear. This forum not only provides an opportunity to forge valuable international partnerships, but also to showcase the immense potential of the Nigerian economy to the world. Whether you’re an entrepreneur looking for new markets, an investor looking for innovative opportunities, or a policymaker driving economic development, NCTIBF 2024 is an event you won’t want to miss.
As the countdown to October begins, Nigerian businesses are encouraged to register and make the most of this transformative event. Together, Nigeria and Canada can build a brighter and more prosperous future through trade and investment.
For event and registration details, please visit www.affinityglobal.ca.
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