NIITF 2024 Post-Event Media Convergence
$3.5bn Business Deals Consummated at 2024 Indonesia-Africa Forum
Thirty-Two business partnerships worth over $3.5 billion were brokered during the 2nd Indonesia-Africa Forum, which was held this month in Bali, Indonesia.
This was disclosed by the Director for Asia-Pacific and African Affairs, Ministry of Foreign Affairs of the Republic of Indonesia, Mr. Abdul Kadir Jailani.
President Bola Ahmed Tinubu was represented at the forum by the Minister of Information and National Orientation, Mr. Mohammed Idris Malagi, at the 2nd Indonesia-Africa Forum that witnessed the signing of 16 business agreements between Indonesian MSMEs and African companies in a two-day exhibition.
The Indonesian Vice Minister of Foreign Affairs, Pahala Mansury, used the event to hold forums on industry specific topics such as mining, agriculture, renewable energy, health and food security with Nigeria, Kenya and South Africa, etc. business communities.
$3.5bn business deals sealed at Indonesia-Africa Forum 2024
Thirty-two business partnership deals worth more than $3.5 billion were sealed at the recently concluded 2nd Indonesia-Africa Forum in Bali Indonesia.
This was revealed by the Director for African Affairs at the Directorate General of Asian, Pacific and African Affairs of the Ministry of Foreign Affairs of the Republic of Indonesia, in a statement by Nigerian-Indonesian Chamber of Commerce and Industry (NICCI).
Nigeria’s delegation to the Forum was led by Minister of Information and National Orientation, Mohammed Idris Malagi, who represented President Bola Tinubu.
President of NICCI, Ishmael Balogun, led the Nigerian Business delegation including members of Nigerian Indonesian Chamber of Commerce & Industry and several MoUs were signed.
During the 3-day event, country specific business forums were held, led by the Indonesian Vice Minister of Foreign Affairs, Pahala Mansury with several countries including Nigeria, Kenya, South Africa, on industry specific topics on Mining, Agriculture, Renewable Energy, health and food security.
About 32 business partnership deals, covering agriculture, manufacturing and other key sectors of the economy valued at more than $3.5 billion have been consummated by African investors at the 2nd Indonesia -Africa Forum in Bali, Indonesia, the Director General for Asia Pacific and Africa Ministry of Foreign Affairs of the Republic of Indonesia, Abdul Kadir Jailani, has disclosed. The Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), in a statement made available to New Telegraph in Lagos, quoted Jailani, as saying that 16 business agreements were signed between Indonesian MSMEs and African companies at the two-day exhibition, including visits from several African leaders. The leaders are Presidents of Liberia, Joseph Nyuma Boakai, Rwanda, Paul Kagame, Ghana, H.E Nana Addo Dankwa Akufo-Addo, Prime Minister of ESwatini, Ruseell Dlamini, and President of Zimbabwe, K.C.D Mohadi.
32 business partnerships with a total value of more than $3.5 billion was consummated at the 2nd Indonesia-Africa Forum that held in Bali Indonesia early this month, the Director for African Affairs at the Directorate General of Asian, Pacific and African Affairs of Ministry of Foreign Affairs of the Republic of Indonesia has revealed. Sixteen business agreements were signed between Indonesian MSMEs and African companies in a two-day exhibition including visits from several African Leaders namely, Presidents of Liberia, Joseph Nyuma Boakai, Rwanda, Paul Kagame, Ghana, Nana Addo Dankwa Akufo-Addo, Prime Minister of Eswatini, Ruseell Dlamini, and President of Zimbabwe, K.C.D Mohadi. The Nigeria’s Minister of Information and National Orientation, Mohammed Idris Malagi, represented the President of Nigeria, Bola Ahmed Tinubu as Head of Nigeria’s delegation to the 2nd Indonesia-Africa Forum, that was held from the 1st-3rd of September 2024 in Bali. There was also a memorandum of Cooperation (MoC) between the Ministry of Foreign Affairs of the Republic of Indonesia and Japan International Cooperation Agency (JICA) for development cooperation to Africa.
NIITF 2023 Post-Event Media Convergence
Governor of Enugu State, Dr. Peter Mbah, has urged Indonesian businesses and investors to take advantage of the numerous investment opportunities, improved business environment, and ample returns on investment (ROI) in Enugu State.
This was even as the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for mutual prosperity.
Mbah made the call in a keynote address he delivered at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, on Monday.
Speaking at the event organised by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) in collaboration with the Indonesian Trade Promotion Centre, Lagos, Mbah, while commending the growth of trade volume between Nigeria and Indonesia to $4.7 billion, however, observed that both countries could actually do much more, especially considering the abundant opportunities offered by Enugu State.
Governor of Enugu State, Dr. Peter Mbah, has urged Indonesian businesses and investors to take advantage of the numerous investment opportunities, improved business environment, and ample returns on investment (ROI) in Enugu State.
This was even as the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for their mutual prosperity.
Governor Mbah made the call in a keynote address he delivered at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, on Monday.
Speaking at the event organised by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) in collaboration with the Indonesian Trade Promotion Centre, Lagos, Mbah, while commending the growth of trade volume between Nigeria and Indonesia to $4.7 billion, however, observed that both countries could actually do much more, especially considering the abundant opportunities offered by Enugu State.
Governor of Enugu State, Dr. Peter Mbah, has urged Indonesian businesses and investors to take advantage of the numerous investment opportunities, improved business environment, and ample returns on investment (ROI) in Enugu State.
This was even as the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for their mutual prosperity.
Governor Mbah made the call in a keynote address he delivered at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, on Monday.
Mbah made the call while delivering a keynote address at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, yesterday.
Meanwhile, at the occasion, the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for their mutual prosperity.
Speaking at the event organised by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), in collaboration with the Indonesian Trade Promotion Centre, Lagos, Mbah, while commending the growth of trade volume between Nigeria and Indonesia to $4.7 billion, observed that both countries could do much more, especially considering the abundant opportunities offered by Enugu State.
The Governor of Enugu State, Peter Mbah has said that Nigeria and Indonesia have mutually beneficial circumstances that have uplifted the lives of the people both in political and economic spectra.
Governor Mbah stated this in his keynote speech titled “Discovering Business Potential in Enugu and Indonesia-Keynote” at the ongoing Nigerian Indonesian Investment and Trade Forum in Jakarta, Indonesia.
His full speech reads: “A deep sense of appreciation is all I feel at this great opportunity given me to be part of your event this morning, and a deeper sense of gratitude still that I am asked to give the keynote address of this epochal event.
When Governor Peter Mbah unveiled his Statement of Purpose ahead of the 2023 governorship election in Enugu State, his promise to grow the state’s Gross Domestic Product (GDP) seven folds from $4.4 Billion to $30 Billion generated mixed reactions, as many saw it as a tall order for a state renowned as a public service state. Five months down the line, however, Mbah is gaining more converts as he presses towards the target with the right policies, structures, and both local and international partnerships in place.
From tackling the security challenges headlong, including putting an end to the illegal sit-at-home, to improving ease of doing business, hosting the first Enugu State Investment and Economic Growth Plan Stakeholders Roundtable, introducing e-ticketing and automating revenue collection, and the recent flag off of the construction of a New Enugu City and 400 kilometres of various roads to bolster infrastructure needed to attract investments, the governor is not leaving any stone unturned.
Last week, Mbah took his quest for investments to southeast Asia where he marketed Enugu to investors at the Nigerian-Indonesian Investment Trade Forum in Jakarta, Indonesia. Themed “Rediscovering Business Potentials in Nigeria and Indonesia”, the event, which was facilitated by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), came after the first edition in 2022 attended by the then Vice of President of Nigeria, Prof. Yemi Osinbajo.
Pre-Event Media Convergence
The Enugu State Government said it will be collaborating with the Indonesian government to foster mutual prosperity, capital flows, and the diversification of Indonesian industries in the state.
Prof. Chidiebere Onyia, Secretary to the State Government (SSG), made this known on Friday at the Nigeria-Indonesia Trade and Investment (NIITF) news conference in Lagos.
The Enugu State Government revealed that it is collaborating with the Indonesian Government to boost capital development for industrialization in the state.
This was disclosed on Friday by Prof. Chidiebere Onyia, Secretary to the State Government (SSG), at the Nigeria-Indonesia Trade and Investment Forum (NIITF) in Lagos.
He said the partnership would see the diversification of Indonesian industries in the state.
The trade balance between Nigeria and Indonesia has risen from $2.6 billion in 2021 to $4.6 billion in 2022.
President of the Nigeria Indonesian Chamber of Commerce and Industry (NICCI), Ishmael Balogun, made this known at a news conference in Lagos to herald the Nigerian Indonesian Investment and Trade Forum (NIITF) 2023.
The NIITF was aimed at showcasing the best of Nigeria’s non-oil produce, driving foreign direct investment (FDI), and increasing the trade balance between Nigeria and Indonesia.
This year’s edition of the forum comes up this month in Jakarta, Indonesia, after its inaugural edition in 2022.
The Enugu State Government said it is set to collaborate with the Indonesian government to attract investment aimed at facilitating industrialization in the state.
Onyia said that deal will spur trading activities between Indonesia and the Enugu State, open up the myriad of investment opportunities in the state across key sectors such as energy, power and transport.
He noted that the state’s abundant mineral resources, fertile lands with rich plantations supporting production of the best cashew, sorghum, rice, cassava, and other agricultural species placed it as a vantage investment destination.
Enugu state and the Indonesian government are set to stimulate greater trade and investment between Nigeria and the Southeast Asian country across key sectors such as agriculture, energy, power and transport.
As part of the efforts, the Enugu State Governor, Dr Peter Mbah, is expected to give a keynote at the Nigerian Indonesian Trade and Investment Forum scheduled for Jakarta, Indonesia this month.
Both parties pursue mutual prosperity, capital flows and diversification of Indonesian industries into Enugu, the Enugu State Government said.
This was made known at a press conference organised by the Nigerian Indonesian Chamber of Commerce and Industry (NICCI) in Lagos.