UK PM heads to Africa, targets investment leadership   

28 August 2018 : British Prime Minister Theresa May will meet the presidents of South Africa, Nigeria and Kenya on a 5-day trip, her first official visit to Africa since she took office in July 2016. According to reports from the Prime Minister’s office, discussions will be centered on post-Brexit trade opportunities as the United Kingdom aspires to be the largest G7 investor in Africa by 2022. 


On the topic of emigration to the UK, the Prime Minister’s office highlighted the UK’s willingness to work with African leaders to boost and create jobs to help stem migration flows. Analysts note that the UK is a strong exporter of capital to Nigeria, but foreign direct investment remains weak. Foreign investments in Nigeria will be a boost for the economy and analysts expect the proposed investments by May to support further growth in the Nigerian economy. 


Reporting for EasyKobo on Tuesday ,28 August 2018 in Lagos, Nigeria


Source: Vetiva Capital Management Limited


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