Business
Key Highlights of the NME & NIRAM Expo, 2023 Deal Flow
▪︎MAN President, Otunba Francis Meshioye visit an exhibition stand at MANEXPO recently (File photo).
” Whether you are an investor, seeking promising ventures, a manufacturer looking to expand your horizons, or an industry professional seeking valuable insights, the Nigeria Manufacturing and Equipment Expo (NME Expo) & the Nigeria Raw Materials Exposition (NIRAM Expo) promises to be a fertile ground for deal flow and collaborations.”
Segun Ajayi-Kadir, the Director-General of Manufacturers Association of Nigeria- MAN, said in a statement five days to the exhibition holding at the Convention Centre, Federal Palace Hotel, in Lagos, Nigeria, from 21st – 23rd November 2023.
He said that manufacturers, investors, industry leaders and stakeholders from across the continent will converge at this prestigious event to explore and harness the potential of the manufacturing sector.
This year’s edition with the theme ‘Future Manufacturing: Building a Sustainable Roadmap to the Industrialization of Nigeria” emphasis on “Deal Flow” as being the key to Manufacturing and industry growth” as the central focus, aiming to facilitate meaningful partnerships, investments, trade opportunities and collaborations that drive innovation and growth.
Key Highlights of the NME & NIRAM Expo, 2023 Deal Flow
Focus:
● Investor Meet-ups: The event will host exclusive sessions where investors can connect with promising manufacturing enterprises looking to expand, innovate, or secure funding;
● B2B Connect: A dedicated platform will enable participants to pre-schedule meetings with potential partners, ensuring valuable face-to-face interactions;
● Industry Insights: Renowned manufacturing experts and leaders of thought will share insights on emerging manufacturing trends, investment strategies and market opportunities;
● Exhibition Zone: The exhibition area will feature a curated selection of cutting-edge manufacturing technologies, solutions and investment-ready projects; and
● Networking Opportunities: Participants will engage in high-level networking with industry players, government officials and representatives from international trade missions.
The Expo shall be a catalyst to facilitate deal flow which creates a significant opportunity for manufacturing companies to learn, meet new potential clients, engage with one another to find out how to deal with manufacturing challenges and ultimately grow their manufacturing businesses.
In addition, the event further supports the development of Intra-Africa trade with many African countries being represented.
Bunmi Aliyu, Managing Director, Leoht Africa, added that the potential impact of the event would be felt for many more months after, as manufacturing companies further unpack the leads and contacts they would derive from the event, thus creating potential opportunities for engagements and business interactions.
Business
BUA Chairman Rabiu shares South Africa visa entry denial experience at Africa CEO Forum
Rabiu said the experience highlighted the difficulties Africans still face when travelling within the continent despite ongoing talks about African integration and economic cooperation.
The founder and Chairman of BUA Group, Abdul Samad Rabiu, has recounted how he was denied entry into South Africa after his visa expired a day before his trip, while European travellers were reportedly allowed into the country without visas.
Rabiu shared the experience on Thursday while speaking on “Africa at Scale: Capital, Policy and the Architecture of Growth” at the ongoing Africa CEO Forum in Kigali, Rwanda.
He said that the incident occurred in February 2025 when he travelled from Lagos to Cape Town for the Mining Indaba conference.
He said that immigration officials stopped him on arrival after discovering that his visa had expired the previous day.
Rabiu explained that he and his team spent about four hours at the airport before he was eventually returned to Lagos.
“I take full responsibility because my visa had expired and my crew failed to notice it before the trip,” he said.
However, the businessman said that he became concerned after noticing that passengers arriving on multiple flights from Europe were allowed into South Africa without visas while he, as an African, was denied entry.
“While we were waiting at the immigration desk, there were about three international flights from Europe. Most of the passengers were Europeans, and they all entered Cape Town without visas,” he said.
Rabiu said the experience highlighted the difficulties Africans still face when travelling within the continent despite ongoing talks about African integration and economic cooperation.
“I did not have a problem with being returned because I had no valid visa. My issue was being an African in Africa and being denied entry, while foreigners from other continents were allowed in freely without visas,” he said.
He called for reforms in visa and immigration policies across the continent, stressing that Africa cannot achieve meaningful economic integration while Africans continue to face barriers moving within African countries.
Business
At Africa CEO Forum, President Tinubu Highlights “Partnerships That Moves Africa Forward”
“With our metals, we can produce batteries for cars. The private sector brings capital and expertise, but government must de-risk and create the enabling environment. That partnership is how Africa moves forward”.
President Bola Ahmed Tinubu during a panel session at the ongoing Africa CEO Forum, called for “Partnership that can move Africa forward.”
He advocated an “Africa First” approach to development, insisting that African resources should primarily benefit the continent through local processing and manufacturing.
“We don’t want scavengers and extractors. We want partners who process and manufacture locally,” said President Tinubu.
He said that his administration’s policies were positioning Nigeria as an open and competitive destination for investment.
“In Nigeria, we’ve attracted nearly $20 billion in direct investment this year because we are efficient, transparent, and open for business,” President Tinubu said.
President Tinubu attributed the inflow to reforms aimed at improving transparency, efficiency, and investor confidence in the country.
He said that Nigeria would no longer permit the export of raw minerals without local value addition, noting that the country possesses the capacity to manufacture products such as electric vehicle batteries from its mineral resources.
He said: “With our metals, we can produce batteries for cars. The private sector brings capital and expertise, but government must de-risk and create the enabling environment. That partnership is how Africa moves forward”.
Business
Obi Meets UK Business Leaders, Advocates Stronger Support for MSMEs
Presidential hopeful of the National Democratic Congress (NDC), Mr. Peter Obi, has reiterated the critical role of micro, small, and medium-sized enterprises (MSMEs) in driving Nigeria’s economic growth and reducing unemployment.
Obi made the remarks on Tuesday following a series of meetings in London with stakeholders in British politics and the business community, including Jonathan Marland, Chairman of the Commonwealth Enterprise and Investment Council (CWEIC).
According to Obi, discussions with Lord Marland focused on prospective trade opportunities, economic advancement, and strategies for promoting small businesses across Nigeria.
Drawing comparisons with rapidly developing economies such as China, Indonesia, and Vietnam, Obi stressed that sustainable economic growth and job creation can only be achieved through deliberate support for MSMEs.
The former Anambra State governor maintained that small businesses remain the backbone of the economy and called for stronger policies aimed at boosting development and creating employment opportunities, particularly in the agriculture and manufacturing sectors.
-
News2 days agoAnxiety as chemical pollution affects 6 Ogun schools, 90 students
-
Business2 days agoBUA Chairman Rabiu shares South Africa visa entry denial experience at Africa CEO Forum
-
News2 days agoNJC Recommends Elevation of 12 Judges to Court of Appeal, Includes Omotosho and Nwite
-
Crime2 days agoWoman Jailed 20 Years for Transporting 302 AK-47 Rounds to Bandits
-
News2 days agoNJC Suspends Two Judges for One Year Without Pay
-
Sports2 days agoBayern pledges support for injured Alphonso Davies ahead of World Cup
-
Entertainment2 days agoNFVCB Approves 304 Nollywood’s New Films
-
Sports2 days agoMadonna, Shakira, BTS to headline FIFA World Cup final halftime show
